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Tradr 2X Long Innovation ETF To Carry Out 2-for-1 Stock Split On November 27th, 2024

Moomoo News ·  Nov 22 08:40

November 21st (Eastern Time) - $Tradr 2X Long Innovation ETF (TARK.US)$ is about to implement a 2-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from November 27th, 2024.

$Tradr 2X Long Innovation ETF (TARK.US)$ slipped 2.12% and closed at $85.15 on November 20th with a turnover of $2 million.


What Is a Stock Split?

A stock split happens when a company increases the number of its shares to boost the stock's liquidity. Although the number of shares outstanding increases by a specific multiple, the total value of all shares outstanding remains the same because a split does not fundamentally change the company's value.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

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