Nvidia's 10-for-1 Stock Split Comes With a Warning. History Says the Artificial Intelligence (AI) Stock Could Do This Next.
How much has Nvidia's stock price increased since the launch of ChatGPT in November 2022?
Since the launch of ChatGPT in November 2022, Nvidia's stock price has surged significantly. On November 30, 2022, the day ChatGPT was launched, Nvidia's stock closed at $169.15 per share. As of March 12, 2023, the stock price had increased by 428%. This means that if you had invested $10,000 in Nvidia on the day ChatGPT was released, your investment would have grown to $52,800. The stock's impressive performance can be attributed to the growing demand for AI applications and Nvidia's strong position in the market, as its GPUs are particularly well-suited for powering applications like ChatGPT.
What has been the average percentage decline in Nvidia's stock value in the 12 months following their past stock splits?
The average percentage decline in Nvidia's stock value in the 12 months following their past stock splits has been 23%. This is based on the historical performance of Nvidia's stock after its five previous stock splits as a public company. However, it's important to note that past performance is not always indicative of future results.
What was the date and ratio of Nvidia's most recent stock split?
The date of Nvidia's most recent stock split was June 7, 2024, and the ratio of the split was 10-for-1. This means that for every one share of Nvidia stock an investor owned prior to the split, they received an additional nine shares after the split.