Share split
$NVIDIA (NVDA.US)$ how its works? if i hv One share now MVUSD1000, after splitting means i hv 10xUSD100 ? and when it splits ? after buying in tonight or only for those who bought before ?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Edwar Dli : each shareholder will get 9 extra shares after June 6, and the price will be divided by 10 i think
Apocalypse21 : Yes, it is going to be the same equivalent, the share will be given after June 7 market close for those who owns share as of June 6 and the trading with basis will take effect on June 10, dont ask me what will happen between June 8 and 9. So in theory, u can sell high now and buy before June 8 if u believe there will be a drop before that happen and u will still get the split but even cheaper buying price.
VJong OP Apocalypse21 : What is the effect happen if buying on the 7-8June ? Are they a trading day?
Apocalypse21 VJong OP : Not sure what will happen between, after the stock given after June 7 closing and June 10 when the basis effect happens, I know weekends has no trading since they close but i am not sure what the pre and post market will be.