NVDA stock surges due to split

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Source: Dukascopy Bank SA


During Friday's US trading hours, the stock price of Nvidia surged by 3.77%.

The move was attributed to the company announcing a 4-for-1 stock split. The company intends to make its stock less expensive for new potential investors.

In addition, note that the recent move extended a recent recovery of the stock price into its third day. In total, the stock price had recovered by 11.81%.

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