Nvidia announced a 1-for-10 stock split plan. After the close on June 7, shareholders holding Nvidia common stock will receive an additional nine shares, and trading will begin on a split-adjusted basis from June 10.What is a Stock Split?On May 23, NVIDIA announced a 1-for-10 stock split, effective from June 10. This means that for every one share of NVIDIA stock an investor owns as of June 6, they will receive an additional nine shares, resulting in ten shares total after the split. These new shares will start trading on June 10.Stock splits were once a common practice in the stock market, especially before the year 2000. When a company's stock price rises to a certain level, it can hinder trading volume and deter investors, particularly retail investors, from buying shares. A stock split