Here's What Happened After Nvidia's Last 3 Stock Splits (and What That Means for the Stock Today)

Nvidia's (NASDAQ: NVDA) recent stock split may have been one of the most anticipated events on investors' financial calendars. On June 7, the company completed its 10-for-1 stock split, and the stock will begin trading at the split-adjusted price on Monday, June 10. A stock split involves issuing more shares to current holders to bring down the price of a stock that's reached high levels. This doesn't change the overall market value of a company or a stock's valuation, but only the per-share price.

Since stock splits are purely mechanical, they aren't a reason for you to buy or sell a particular stock -- and that means they aren't known to prompt stock gains or declines. Still, it's interesting to take a look at a stock's path following a split, and now is the perfect time to look back at Nvidia's performance after its past few splits.

Does history offer us clues about how Nvidia stock may perform in the coming months? Let's find out.

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Source Fool.com