Nvidia’s 10 for 1 stock split
BY TIO Staff
|जून 4, 2024After the close of business on Friday 7th of June 2024, NVDA stock will have a 10 for 1 split. This will be effective from the US stock market open on Monday June 10th.
What does this mean for you?
For all clients who have exposure in NVDA stock after the close of business on Friday 7th, you will see an adjustment in your exposure and the price to reflect this event.
Equity in NVDA will be unchanged, but clients will have 10 times the number of shares at 1/10th of the price. For example, if you were long 10 shares at a closing price of $1,000 on the 7th, that will become a long of 100 shares at an opening price of $100 on the 10th.
If you have any questions, please contact our Support team.
Risk disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Never deposit more than you are prepared to lose. Professional client’s losses can exceed their deposit. Please see our risk warning policy and seek independent professional advice if you do not fully understand. This information is not directed or intended for distribution to or use by residents of certain countries/jurisdictions including, but not limited to, USA & OFAC. The Company holds the right to alter the aforementioned list of countries at its own discretion.
Join us on social media
Behind every blog post lies the combined experience of the people working at TIOmarkets. We are a team of dedicated industry professionals and financial markets enthusiasts committed to providing you with trading education and financial markets commentary. Our goal is to help empower you with the knowledge you need to trade in the markets effectively.
Related Posts
undefined