In the case of NVIDIA, however, the period between the two is a whopping four weeks long.
Few were predicting its arrival just a couple of years ago, with Windows 10 previously described as the last version of Windows. 21, respectively, and both stocks began trading split-adjusted on Aug. Windows 11 is Microsoft’s latest desktop operating system. Apple ( AAPL -2.24%) and Tesla ( TSLA -3.20%) each split their shares in August, with record dates of Aug. The conference will kick off on March 21 with a keynote address. This was very similar to a couple of high-profile stock splits that happened late last year. Nvidia (NASDAQ:NVDA) stock is on the move Monday as investors prepare for the launch of the company’s GTC conference tomorrow. Typically, there are just a few days between the two.įor example, in the recent 10-for-one stock split initiated by The Trade Desk ( TTD 1.10%), shareholders of record as of Jreceived nine additional shares of stock, which were distributed after the close of trading on J- or a period of about a week after the record date. The record date is the date by which investors must own the stock in order to be eligible to receive additional shares created by the stock split, which occurs on the effective date. What sets NVIDIA's stock split apart from many others is the extraordinary length of time between the record date and the distribution date of the new, split shares. Between the announcement of the Nvidia stock split on and the date that the new price would begin trading on 20 July 2021, Nvidia’s value appreciated by more than 28 as investors jumped into the stock in anticipation of a post-split retail investor rally.
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