Current Events > Question About Stock Splits... (TSLA, AAPL)

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CableZL
08/30/20 7:14:26 PM
#1:


So both TSLA and AAPL are doing stock splits that should be finalized on Monday.

I had 5 shares of TSLA, which is now being split into 25 shares. I bought 5 shares of TSLA at 622.5264. After the split, the shares are worth $442.68 each.

On my account, Etrade reads the "total gain" for TSLA as -4,496.16 and the "Total gain %" as -28.89%. Anyone know if this gets corrected after the fact? I haven't actually lost money on TSLA shares at all, but it's weird that etrade is showing such a huge loss.

My AAPL stock doesn't read that way. The price paid is updated according to the split already.

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R1masher
08/30/20 7:17:25 PM
#2:


I got this guys, put the keyboards down, Im no botanist, but something low something high

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lilORANG
08/30/20 7:17:49 PM
#3:


Sounds like Etrade is dumb. Obviously the value of the stock remains the same.
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StarsOfCCTV
08/30/20 7:27:32 PM
#4:


I guess Trade isn't aware of your extra 20 shares yet. They will probably be there on Monday.

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CableZL
08/30/20 7:31:48 PM
#5:


StarsOfCCTV posted...
I guess Trade isn't aware of your extra 20 shares yet. They will probably be there on Monday.
That's the weird part is that it shows I have 25 shares

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NightMarishPie
08/30/20 7:37:59 PM
#6:


I had that happen and it said I lost like 5000 and then gained 5000 back the day after, or rather, that's what the app showed. (End of day Friday to sometime mid afternoon on Saturday). Now it's fixed and the value didn't change.

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