Given that one of the reasons for doing a stock split is to bring the share price much lower than the current level, double-digit pricing certainly fits the bill. Source: Yahoo Finance Why do a stock split? What are the advantages for Nvidia? If Netflix repeats its hefty 7:1 stock split it did in 2015, its share price would once again trade in the double-digit after six years. Questions have also long swirled whether the video streaming company would next do another stock split. Similarly, Netflix ( NFLX) has seen a significant upswing in its share price since its last stock split in July 2015. Despite the share price jumping over 6 times higher and doubling in the last two years alone, MSFT offered no indication it will do a stock split. Microsoft ( MSFT) last did a stock split in 1999 prior to the DotCom bust. However, Nvidia is not alone in holding tight as its share price skyrockets and hit as high as $648.57 in mid-April. That is why the question of whether the semiconductor maker will do a stock split has sprung up ever so often. Since the last split, NVDA stock has appreciated a whopping 1646 percent, with the bulk of the climb in the last two years. There were another three 2:1 splits conducted in June 2000, September 2001, and April 2006. This is because the last time NVIDIA Corporation has done so was way back in November 2007 with a 3:2 split, before the Global Financial Crisis sent the stock markets around the world reeling. Most shareholders probably won't remember a time when NVDA underwent a stock split. All charts and tables are regenerated to reflect Friday's data. Instead of focusing on the possibility of the company doing a stock split, the attention is now on the effect on NVDA stock and long-term investors. This meant that before I managed to complete the discussion about a potential stock split for Nvidia, the company has already announced its intention to do so.Īlthough it was disappointing that I wasn't able to get the article out in time for the benefit of readers to position themselves ahead of the news, I decided there's value in continuing with the writing considering that much of the original discussion would help investors determine the significance of a stock split for Nvidia shareholders.įurthermore, shareholders still need to approve the split and I hope this article will help in the decision. Interestingly, as highly anticipated by readers, Nvidia announced Friday that its decision to do a four-for-one stock split has been approved by the board. Photo by Antonio Bordunovi/iStock Editorial via Getty ImagesĪfter my article titled Tesla Stock Split: Will It Happen Againwas published on April 23, I chose to cover the same for Nvidia ( NASDAQ: NVDA).

Nvda stock split approved