The post If you invested $5K in NVIDIA stock ten years ago – How much would you have now? appeared on BitcoinEthereumNews.com.

You’d be hard-pressed to find a company that has had a better run lately than NVIDIA (NASDAQ: NVDA). Last year, NVIDIA stock was one of the best performers on the S&P 500 and the Nasdaq 100, returning 239%. That dominance has continued in 2024 as it is up another 177% year to date (YTD). The semiconductor firm, which specializes in making AI chips for large data centers, reached another milestone this week when it became the most valuable company in the world, surpassing Microsoft (NASDAQ: MSFT) with a market cap of $3.33 trillion. Just a few weeks ago, it raced ahead of Apple (NASDAQ: AAPL) to become number two behind Microsoft. Anyone who has invested in NVIDIA during this historic run has surely been thrilled with the results, but the stock has been on a tear for more than a decade now. Imagine how much you would have now if you had invested in NVIDIA 10 years ago. Let’s take a look. NVIDIA stock up 11% since the stock split Indicative of NVIDIA’s massive surge is the fact that it has had two stock splits in the past three years. Companies typically do stock splits when their shares get too pricey, as they lower the entry price of the stock to make it accessible to more investors. On July 20, 2021, when NVIDIA stock was trading at around $751 per share, the company did a four-for-one split. That brought the price down to about $187 per share. However, NVIDIA was only just getting started. This month, NVIDIA took things up another notch and conducted a 10-for-one stock split. That $187 post-stock-split price in 2021 surged to over $1,200 per share in just three years. The 10-for-one split completed on June 7 has brought it down to about $121 per share.…

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Filed under: News - @ June 26, 2024 5:18 am