Sorry if this is silly question but I’m kinda newbie to stock split.
Will I be entitled for Nvidia split shares for those bought after 21st June?
Not sure, but this indicates that you would do.
Dropping a bit! Time to sell mine off to avoid a big loss
I agree I should have sold at 797.42 but missed out so won’t make a profit just what I put in, I am a newbie learning fast
4 to 1 stock split over night these stocks will be dead cheap tomorrow.
I wouldn’t classify 60X forward earnings as cheap, especially if you are already the market leader. I think they are great but they are currently valued around the same as Intel + AMD + Qualcomm combined.
A single share will be 400% less than closing today then.
You mean 75% less
Example
Every 1 share is spit into 4
If a share is £400 it becomes 4 shares of £100
Same as dividing by 4 or 400%
You would still have £400 in stock but 4 shares instead of 1
I would expect more people buying £100 shares pushing up price
I would expect share price to increase over time as gaming and AI pick up and there’s the ARM acquisition.
I know there is a stock split but a single share can’t be 400% less, it’ll turn into negative territory
400% less is very different to divided by 400% but your points on the appeal to buy may be correct.
Would it be a good time to buy when the market opens today? Or wait till the next couple of day?
Oh yes the new share price would be 25% of the closing price.
Not sure I brought some more before closing.
But yes you want to buy at the cheapest value I would say opening.
I think there is some growth this year.
However, the main issue would be if there is more Bitcoin issues.
No guarantees
I know its a-bit of a joke. Ive been waiting for this. I wish i withdrew the money and invested it on IG this time.
Least i learnt my lesson for the next stock split
Ive only just joined the chats. Yeah just like the robinhood app i’m sure. Ive been on freetrade a few months. Its okay.
Just had a confirmation it will be today but no time. Ive been waiting to buy at the split.
This is because Freetrade has to recalculate all the fractional shares.
I noticed during Apples split that some platforms only adjusted whole shares and automatically sold off fractional shares. I had an email from Freetrade in June stating that they will recalculate fractional shares so that’s good for the smaller investor.
Freetrade isn’t a broker it’s a service. I believe they only deal with fractional shares under the hood. Is this correct?
I am sure I read it somewhere .
No it isn’t correct. FT is a broker.
Even if FT is showing the incorrect price following the split it doesn’t change the amount or value of your shares.