That being said, Nvidia is managing the crypto mining aspect of its business more closely this time around. Nvidia shares lost nearly half their value in just two months. Investors still grimace at the beating NVDA stock took in late 2018 when that exact scenario happened. When cryptocurrencies tank, people stop buying graphics cards for crypto mining. For one thing, we all know that cryptocurrency can be extremely volatile. There are some risks inherent in this Portfolio Grader “B” rated stock. Whether you buy now, or wait for the individual share price to become more affordable post-stock split, an investment in Nvidia is very likely to deliver long-term growth. Shareholders of record as of June 21 will each receive three additional shares of NVDA stock after the market closes on July 19. ![]() ![]() That plan was approved by Nvidia stockholders on June 3. The company proposed a four-for-one stock split, aiming to make shares more accessible to both investors and employees. Story continues Stock Split Announced and Approvedīesides the record financial performance, Nvidia had other big news for investors in May.
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