Walmart and Chipotle Soared After Announcing Stock Splits. Will Nvidia Be Next?
Stock split stocks are surging this year.Stock splits seem to be coming back into vogue.After Walmart (WMT 0.09%) and Chipotle Mexican Grill (CMG -1.70%), two of the higher-profile consumer goods stocks on the market, both announced stock splits earlier this year, Nvidia (NVDA 4.89%) became the latest closely watched stock to announce a split, telling investors during its earnings report on May 22 that would execute a 10-for-1 split on June 10.With that move, Nvidia becomes the latest "Magnificent Seven" st ...