If You Had Invested in NVIDIA Right After its IPO

Founded in 1993, American technology company Nvidia Corporation (NVDA) has grown to become one of the industry leaders in manufacturing graphic processing units for computer and gaming devices as well as Artificial Intelligence and enterprise computing. The company benefited from the artificial intelligence and cryptocurrency markets in 2017 with its shares rising 92%, but the stock has fallen 30 percent in 2018 as of November 22.The company went public in January 1999, with its shares priced at $19.69 each. An investment of $1,969 would have bought you 100 shares, but after four stock splits you would now be the owner of 1,200 NVDA shares, and your initial capital with reinvested dividends would now have grown to $291,652 as of November 1, 2018. Check NVDA's most recent share price here. While the company’s growth has fueled the astronomical gains for its stock price, stock splits and dividends also gave a big bump to initial investors. A little over a year since its listing, the company executed its first stock split, offering two shares for one held by investors. That means an initial 100 shares would now become 200 shares. At the close price of $71.25, the $1,969 investment would now be worth $14,250, a 623% growth.