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Nvidia announces 10-for-1 stock split, shares hit $1,000 [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
The stock has advanced over 91% this year, closing at $949.50 per share on Thursday in the extended session shares rose past the $1,000 mark. Post split, which is effective on June 7, 2024, one Nvidia share would be worth $94.95. Nvidia shares have risen over 231,485% since its IPO in January 1999. The announcement came as first quarter revenue of $26 billion, up 262% from the same period a year ago, beat estimates of $24.6 billion, as tracked by LSEG. The company also delivered a higher-than-expected second quarter revenue forecast of $28 billion compared to a $26 billion estimate. OPENAI AND NEWS CORP. INK DEAL Nvidia is considered the poster child for AI leading other rivals including Meta and Google under the direction of CEO Jensen-Huang who is also the company's largest individual shareholder, owning nearly 4% of company shares, as tracked by Thomson Reuters. READ ON THE FOX BUSINESS APP "The next industrial revolution has begun — companies and countries are partner
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