NVDA Stock Price After 10-for-1 Split
Nvidia, the second-largest company in the world by market cap, recently conducted a 10-for-1 stock split
The stock is now trading at $118 per share, but it dropped by 2% on the first day
With a market cap of $3 trillion, it’s the second-largest company globally.
Their enterprise value is also $3 trillion, signifying that the company has zero debt
The 5-year average for free cash flow stands at $12.5 billion, which surged to $39 billion in the last year alone.
The company generated $79 billion in revenue in one year, achieving a free cash flow of nearly 50% of its revenue.
The gross profit margin has also skyrocketed to an astounding 75% from 65% a year ago
Nvidia is the clear leader in AI chip technology, an industry expected to grow significantly in the coming years.