IFC Markets announced that trading in NVIDIA stock will be temporarily suspended as of June 6, 2024. This decision is due to corporate events (stock split) at Nvidia Corp and will affect all trading in NVIDIA on the IFC Markets platform.

Key details:

Effective Date: The trading suspension will commence on June 6, 2024.

Duration: The suspension will last until further notice and IFC Markets will provide updates.

Implications: Traders with positions in NVIDIA are advised to closely monitor their investments and adjust their portfolios accordingly.

This action comes at a time when NVIDIA is experiencing significant market activity, with its stock recently hitting record highs due to strong earnings and increased demand for its artificial intelligence chips. A temporary trading halt is a precautionary measure to ensure market stability and protect investor interests.

Traders and investors are advised to monitor for further announcements from IFC Markets regarding the resumption of trading in NVIDIA stock.