So if I own a TSLA stock by the 21st, I’ll have a total of 4 or 5 at the 5 to 1 split in Sept? So buying one share today at $2k could potentially be worth $5k or more in the coming months? I’m new to this...
no the price will be “split” too
if the stock closes at $2k by the end of next week
the stock would become $400 since you’ll receive 5 shares
also the 21st is not a hard deadline...I thought it was
but if you purchase tesla stock next week...the split will still be honored just as long as you hold it til the 28th