Billionaire investors shift focus from Nvidia to Sony Group ahead of its stock split.
Billionaire investors are selling Nvidia shares, despite its AI dominance, and are shifting their focus to lesser-known stocks, particularly Sony Group, which is set for a 5-for-1 stock split on October 8th. Notable billionaires like Stanley Druckenmiller and Cliff Asness have divested from Nvidia, reflecting a trend towards stocks with upcoming splits. This shift indicates a growing interest in stock splits amidst the ongoing AI market enthusiasm.
September 20, 2024
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