Stock reverse split
$GE Aerospace (GE.US)$ there will be a stock reverse split on august 8:1.
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agalvilaku OP : Any stock which is out of multiples of 8 will be Settled. Ie if u have 17 stock after reverse split you will get 2 stock and remainder one will be Settled as cash
102723172 agalvilaku OP : So which stock will we be given?
agalvilaku OP : It will be still GE They will lump current 8 GE STOCK INTO 1 GE Stock
toomanyscammers : so less than 8 stocks, they'll convert it into cash?
102723172 agalvilaku OP : I have a $20 GE stock card in moomoo. It says that if I dont use it, it will become a "general" stock card. What does that mean? Does it mean that it becomes the universal stock card that moomoo has?
agalvilaku OP : Have No idea what general card means. Pls check with the moomoo support
HuatMooHuat KV 102136159 : Ya where see?