In Nvidia’s (NVDA) broad earnings beat reported on Wednesday, the chip giant announced a 10-for-1 stock split to be implemented for current shareholders on June 7. But what exactly is a stock split and what happens to company shares when one is approved?
Wealth! Host Brad Smith gives a thorough break down of what happens to corporate stock under a split and the incentive behind one.
For more of everything Nvidia, catch Yahoo Finance’s exclusive interview with CEO Jensen Huang.
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