The 3 Best-Performing Stock-Split Stocks of 2024 So Far -- and Nvidia Doesn't Top the List

Core Viewpoint - Stock splits can attract new investors, potentially driving share prices higher, but they do not inherently increase the value of the company [1] Group 1: AGBA Group Holding Ltd. - AGBA Group Holding Ltd. conducted a 122-for-63 stock split on October 2, 2024, and is considering a reverse stock split [2] - The company's share price has increased over 340% due to a pending merger with Triller, a technology platform for online content creation [2][3] - The merger with Triller requires regulatory approval, and AGBA plans to change its name to Triller Group post-merger [3] Group 2: MicroStrategy - MicroStrategy executed a 10-for-1 stock split on August 7, 2024, with shares rising after the announcement [4] - The company's stock gained over 190% year-to-date primarily due to a surge in Bitcoin prices, as it owns 190,000 Bitcoins [4] - Despite the stock price increase, MicroStrategy reported a 7.4% year-over-year revenue decline to $111.4 million and a net loss of $102.6 million in Q2 2024 [4] Group 3: Nvidia - Nvidia conducted a 10-for-1 stock split effective June 7, 2024, and its shares have risen over 170% this year [5] - Most of Nvidia's gains occurred in the first half of 2024, with fluctuations in the second half due to concerns over delayed shipments of new chips [5] - Nvidia is expected to continue growth with the introduction of new Blackwell chips, which have high demand according to the CEO [7]