Barry Hsin
commented on a stock · Dec 16, 2021 21:53
$ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ The c...
$ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$The current stock price of UVXY is the reverse stock split on May 26 divided by 10. The stock price was around $4 before the reverse stock split on May 26, and it has dropped by more than 50% so far. Be careful if you are not familiar with it. Don't be greedy and don't think you are always right so as not to be deceived.
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Cmoon S
:
I don't really understand, please solve it. I don't know history, just reading. The stock price before 5.26 was 4. How to understand that after dividing by 10, it falls by 50%. Thank you thank you
15791612
Cmoon S
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Reverse stock sharing, for example: you originally had an average price of $5 for 100 shares. After the reverse joint stock, you became 10 shares for $50. After another period of time, the 10 shares in your hands are already less than 25... a 50% drop probably means
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
Cmoon S : I don't really understand, please solve it. I don't know history, just reading. The stock price before 5.26 was 4. How to understand that after dividing by 10, it falls by 50%. Thank you thank you
15791612 Cmoon S : Reverse stock sharing, for example: you originally had an average price of $5 for 100 shares. After the reverse joint stock, you became 10 shares for $50. After another period of time, the 10 shares in your hands are already less than 25... a 50% drop probably means