“Nvidia Stock Split Sparks Dow Inclusion Speculation” :Nvidia’s 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the artificial intelligence bellwether’s inclusion in the blue-chip Dow index.
“Nvidia’s Stock Split Aims to Increase Accessibility, Maintains Market Valuation” – Nvidia’s stock split, designed to decrease per-share value for accessibility, expands the company’s outstanding shares while preserving its market valuation.
“Nvidia’s Stock Split Positions it for Dow Inclusion, Potentially Impacting Intel,” Says eToro Strategist” – Ben Laidler, global markets strategist at eToro, highlights that Nvidia’s stock split may pave the way for its inclusion in the Dow Jones Industrial Average, potentially displacing chip rival Intel, which currently holds the lowest weighting.
“Nvidia’s Stock Dips 0.2% Despite Strong Momentum Post-Split Announcement” – Despite climbing nearly 27% since announcing the share split and a robust forecast last month, Nvidia’s stock saw a slight dip of 0.2% on Monday. The dominant AI chip maker achieved a market value of $3 trillion last week, surpassing Apple to become the second-most valuable firm globally, trailing only Microsoft.
Market analysts said stock splits tend to attract individual investors that trade in smaller lots and have lesser capital to deploy than institutional investors.
However, Goldman Sachs strategists led by David Kostin said in a note most recent stock splits have not generated a significant increase in retail trading activity, but there have been some notable exceptions such as Amazon’s split in 2022 and Nvidia’s 2021 split.
