![]() ![]() Even though shareholders will now own more shares, each will be valued at a lower price per share. ![]() When publicly traded firms like Nvidia split their shares, their market capitalizations before and after the splits do not change. It went from $140 in June 2019 to a over $750 in July 2021, before the 4-for-1 Nvidia stock split. That said, this crash didn’t leave a dent on the stock, because since mid-2019, the stock price of Nvidia hasn’t stopped spiking. So, when Bitcoin price collapsed in 2018, so too did Nvidia cards’ demand, resulting in a sharp decline in sales. For months before the crash, Bitcoin speculators had spent millions of dollars buying Nvidia’s high-performance gaming graphic cards, to help mine crypto. In fact, then firm was essentially a victim of its own success. Nvidia share price then crashed in 2018, after Q3 earnings disappointed investors. ![]() Nvidia Stock Price Historical Trends 2009 to Todayīy 2016, NVDA was posting new all-time highs. Nvidia’s share price then dipped to a split-adjusted $5 price, before bottoming out in January 2009. After adjusting for additional splits, the stock price of Nvidia returned to $36, before the 2008 subprime mortgage crisis. ![]() This was nothing compared to the 59% overall decline for the NASDAQ stock index.īy March 2002, Nvidia’s stock price was up 31% from the dot-com bubble peak, whereas the NASDAQ index was still down 61%. When the bubble burst in March 2000, Nvidia held up quite well, only dropping 15% in the year following. By February 2000, Nvidia’s stock price per share had already hit $117 per share. Nvidia went public on January 22, 1999, at the height of the dot-com bubble at $12 a share. Nvidia Stock Price Historical Trends 1999 to 2009 Let’s look at Nvidia stock price history, to get a clear picture of NVDA growth over the years. ![]()
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