What does it mean?
System Notifications
[Corporate Action] AMC.US Position Adjusted: Your AMC.US position has been executed reverse split, the ratio is 1:10.The new symbol is AMC.US. Some stocks after reverse split may have odd lots, which will be compensated with the cash equivalent. Please pay attention to changes in your position.[Moomoo SG]
[Corporate Action] AMC.US Position Adjusted: Your AMC.US position has been executed reverse split, the ratio is 1:10.The new symbol is AMC.US. Some stocks after reverse split may have odd lots, which will be compensated with the cash equivalent. Please pay attention to changes in your position.[Moomoo SG]
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Seraphicall : Look at ur position.
GM 1 : Gosh I see it. So confusing
SumZi Qian : Same question
buy the dips : am trying to hurry up and close this position but it want let me
Seraphicall GM 1 : Essentially, ur units have been divided by 10, ur value per stock multiply by 10. Straightforward. Any fractional shares will be compensated with cash equivalent.
tothemoooonnn : ok so basically it reverse stock split already let say you have 10 stock it will be js 1 AMC stock with x10 value of it. if you have maybe 15 for example. it will be converted into 1 too, but the remaining 5 stocks will be converted/exchanged into cash depending on the value it was reversed into per 1 and added into your account later
tothemoooonnn : ill give u 1 example
previously u own 10 stock of AMC (each 1.9) = $19 now
if you have 15 same thing just that ur remanining 5(1.9) each will be converted into cash
slippery : I've only got 1 share. one
GM 1 Seraphicall : But how come the APE shares still around - available for trading ?