NVDA shares will begin trading on a split-adjusted basis on June 10th. Nvidia has completed five other stock splits since its IPO in 1999, and shares have typically declined sharply during the next year.Regarding reversion targets (pre-adjusted):
Correction: 200 Day, currently at $657.97
Long Term Correction: 200 Week, currently at $303.14
Once split-adjusted, historical price action is typically bearish after the bubble. This has implications for semis, the broader tech trade, and equities into year end.
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