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T-Rex 2X Long MSTR Daily Target ETF To Carry Out 10-for-1 Stock Split On December 16th, 2024

Moomoo News ·  01:00

December 14th (Eastern Time) - $T-Rex 2X Long MSTR Daily Target ETF (MSTU.US)$ is about to implement a 10-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from December 16th, 2024.

$T-Rex 2X Long MSTR Daily Target ETF (MSTU.US)$ rose 6.56% and closed at $163.67 on December 13th with a turnover of $566.09 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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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