We would like to inform you that NVIDIA Corp. (NVDA.us ticker in MetaTrader 4 and MetaTrader 5) will be implementing the stock split after the close of trading on June 7, 2024.
Starting June 10, 2024, NVIDIA Corp. stocks will be traded at new prices.
In essence, the split is when the company increases the number of outstanding shares through proportional splitting of each original share. In light of this, those Gerchik & Co clients, who have open CFD positions on NVIDIA stocks as of June 7, 2024, will get an additional 9 shares for each outstanding share. Please note that the price for opening a position will be decreased by a factor of 10.
Here’s an example to illustrate this:
Let’s say you have an open position for 100 shares on June 7 with an opening price of $1,100. In that case, you will already have 1,000 shares with an opening price of $100 after June 7.
Please consider these adjustments when making your further trades.
Happy trading, everyone!
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