Stock split (US)

A stock split divides each share into several, so a 10-for-1 split turns one $1,000 share into ten $100 shares at the same company value; Nvidia split 10-for-1 in June 2024. It changes a stock's weight in the price-weighted Dow, and a contract with no expiry has to be adjusted by somebody on split day.

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On MochatradeSee what you can trade on Mochatrade
  • ADR (American Depositary Receipt)An ADR is a receipt a US bank issues for shares of a foreign company it holds abroad, so the stock trades in New York…
  • Market capitalizationMarket capitalization is share price times shares outstanding, the market's price for the whole company. Index weights…
  • ETF creation and redemptionETF creation and redemption is how an ETF's price stays near the value of its holdings: large dealers swap baskets of…
  • Pre-IPO stocksPre-IPO stocks are shares of private companies before they list, priced in private funding rounds with no public order…
  • Fractional sharesFractional shares let you own part of one share, say 0.1 of a $500 stock, through a broker that holds whole shares and…
  • Closing auction (official close)The closing auction is the single matched trade at 1:30 AM IST, 2:30 AM in winter, that sets each US stock's official…

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