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Nvidia (NASDAQ:NVDA) stock will split 10-for-1 after the bell Friday, taking the price down to around $100.
The lower price would make it a prime candidate for the Dow Jones Industrial Average (DJI) (NYSEARCA:DIA), which is still the index most people think of as the gauge of Wall Street.
As a price-weighted index, Nvidia’s daily price moves have made it impractical to add to the 127-year-old index. But post-split it would be the best candidate to give the Dow more AI representation as it looks to keep up with the S&P 500 (SP500) (NYSEARCA:SPY) (IVV) (VOO).
The S&P is up more than 26% in the past year, with the Dow trailing, up nearly 18%. The Dow’s only AI exposure has been with. Microsoft (MSFT).
Amazon (AMZN) “was included once it split its stocks, and since Nvidia is one of the largest companies in the world by market capitalization, the same could happen following the upcoming NVDA stock split,” Investing Group…
