Now although splits don’t change the fundamentals for a company, they typically cause a run-up in the stock price post-announcement as investors see them as a signal that management is confident that growth will remain strong going forward.

In our indicative theme of Stocks Poised For A Split, we’ve identified a group of over ten companies from the S&P 500 with a strong track record of revenue growth, with their stocks also trading at high prices, potentially making them candidates for a stock split.

Now it's looking quite likely that we will see more high-profile stock splits this year, considering that the S&P 500 is up a solid 80% from the lows of March 2020, with many large-cap stocks trading around their all-time highs. The stock is expected to trade on a split-adjusted basis from July 20. Nvidia (NVDA) stock rallied by almost 10% over the last week, after the company announced its first stock split in almost two decades.

(Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images BRAZIL - 3: In this photo illustration the Nvidia Corporation logo seen displayed on a.

When does nvda split stock