So, I’d recommend a short-term bearish strategy like puts to cash in on NVDA’s steep decline. Over the next few weeks, potentially months, NVDA could take it on the chin as money reallocates itself post-split. By the end of the year, they had both moved into positive territory.īut let’s focus on the short term. Now, it’s important to note that both AAPL and TSLA eventually found their footing. But in the weeks following, it crashed 34%. The stock went up a whopping 81% between the split’s announcement and the split itself. But in the month after, it dropped almost 20%. In the month before the split, AAPL rose 40%. (Nasdaq:AAPL) underwent its own four-for-one stock split, taking it from $500 per share to about $125. At the end of August last year, Apple Inc. When stocks blow higher into a split, like NVDA has, a lot of that money tends to leave the stock post-split and move itself somewhere else.
Splits like this tend to indicate a top in a stock’s price. Here’s where NVDA’s headed post-split – and how you can play it… Now, what was a $750 stock on Monday has a price tag of just $185 per share.īut it’s about to get even cheaper than that. A single share for $800-plus? Not many individual traders want to fork over that much cash. The main reason behind the split is to make the stock more accessible to average traders. Last quarter, impressive earnings boasting over 88% year-over-year revenue growth sent shares all the way to $835. I mean, it’s had an incredible run over the past six months. Investors liked NVDA heading into the split.
That means that what was one share of NVDA on Monday is now equal to four shares – giving investors three extra pieces of the pie. (Nasdaq:NVDA) underwent a four-for-one stock split.
0 kommentar(er)
