As per recent announcements from The Board of Directors of each, both Apple & Tesla have upcoming stock splits which will affect any open positions.
For Tesla shares, a 5-for-1 stock split will take effect on 28th August after the market close.
For Apple shares, a 4-for-1 stock split will take effect on 31st August after the market close.
If you have open positions, please be aware of the following:
- Any Stop Loss / Take Profit on already open trades will be removed.
- All pending orders at the time of the split (Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop Limit and Sell Stop Limit) will be deleted.
Both Stocks will be available on a stock-split adjusted basis from Monday 31st August.
If you have further questions, please don’t hesitate to contact our support team.