Nvidia (NVDA) shares surged after the announcement of a forthcoming 10-for-1 stock split, which will start trading on Monday. This news follows significant price growth, with a 212% increase over the past year. This massive growth has propelled Nvidia into the $3 trillion club alongside Apple (AAPL) and Microsoft (MSFT), making it the third American company to reach this milestone.

“A stock split is a vote of confidence from management that the stock will hold its value, as the stock price typically increases,” says S&P Dow Jones Indices senior analyst Howard Silverblatt.

Winthrop Capital chief investment officer Adam Coons expects the split to boost retail investor interest, but cautions that an influx of retail traders could trigger volatility for the stock. “They can be a little bit more quick and emotional with their buying and selling decisions, so that can lead to heightened volatility as you start to dilute the institutional buyers,” Coons told Yahoo Finance.