Tuesday, January 23, 2018

Stock Split Questions, Please help

I had a question on Stock Splits. GBTC is having a stock split of 91 for 1. But if I read the article correctly you had to purchase the stock before January 22nd. The split takes effect on the 26th.

What happens if you buy stock...lets say today on the 23rd? On the 26th would you only have 1 share and lose like $1600?

Source: https://www.investopedia.com/news/gbtc-becomes-accessible-individual-investors-91for1-stock-split/



Submitted January 23, 2018 at 11:37AM by Dwarvesneedfood2 http://ift.tt/2Bo9xaG

No comments:

Post a Comment