Nvidia Has Completed Its 10-for-1 Stock Split: 2 Hypergrowth Stocks Are Dark Horse Candidates to Follow in Its Footsteps
Two rapidly growing companies may become Wall Street's next stock-split stocks. Stock splits also come in two flavors: forward and reverse. A forward-stock split, which is what Nvidia just conducted, is designed to make shares more nominally affordable for everyday investors. A single share of Nvidia now costs around $120, compared to $1,200 during the previous week. Nvidia's graphics processing units (GPUs) have rapidly become the standard in AI-accelerated data centers, fueling a 700%-plus increase in the ...