Tag: Splits

NVIDIA Splits 10-to-1; Non-farm Payrolls on Deck for Friday

Thursday, June 6th, 2024 Market indices took a breather today. Only the Dow closed in the green on a tepid trading day overall, +0.20%, while the S&P 500 finished -0.02%, the Nasdaq down -0.09% and the small-cap Russell 2000 bringing up the rear at -0.70%. Over the last week of trading, only the Russell is […]

This is how stock splits are performing 12 months after announcement

Alongside its latest earnings results, Nvidia (NASDAQ:NVDA) announced a 10:1 stock split and a 150% dividend raise following the market closed on Wednesday. Nvidia shares, now the ninth most expensive in the S&P 500, opened above $1,000 a day after the print. A 10:1 split would imply a $100/share price, all else being equal, after […]

A generational divide splits Black voters ahead of Biden-Trump rematch

One of the more noticeable polling shifts between the last presidential campaign and this one is among Black voters. While they remain overwhelmingly aligned with President Joe Biden, his level of support is lower than in 2020. And Donald Trump’s Black support is often clocking in at levels that would outpace all previous Republican nominees […]