Jump to content

Apple and Tesla Stock Split


CharlotteIG

2,734 views

Apple and Tesla Stock Split

Apple and Tesla have both announced they will carry out stock splits on Monday 31 August 2020 making it easier and cheaper for retail clients to trade.

Apple is splitting its shares four-for-one. This means there will be four times as many shares circulating, at a quarter of their previous value

Tesla is splitting its shares five-for-one. This means there will be five times as many shares circulating, at a fifth of their previous value

Commission-free investing

To help you benefit from this stock split, we’re offering active investors the opportunity to buy and sell US shares with zero commission to pay.*

How will my existing positions be affected?

If you hold a position in either company at close of business on 28 August, you’ll be affected by the stock split. We’ll make the necessary changes to your open positions and holdings before the markets open on 31 August. You won’t need to do anything.

Plus, if you have a working order to open at close of business on 28 August, we’ll cancel it. You’ll be able to reopen it manually when the markets open again.

 

If you have any questions please comment below or reach out to our helpline. 

All the best 

 

Place at least three trades on your share dealing account in the previous month to qualify for our best commission rates.

14 Comments


Recommended Comments

Guest tesla fan

Posted

define active investors .. you put an asterisk behind but no further explanation. ... thanks 

Link to comment

Given that the total price of the open positions hold before the split, remains the same after the split, what does it mean exactly that positions holder will be affected ?

Link to comment
Guest Telsa Supporter

Posted

I am asking this the 2nd time.  

 

active investors the opportunity to buy and sell US shares with zero commission to pay.*

 

How to become an active investor ? 

Link to comment

So does a 1.0 spread bet position on Telsa automatically increase 5 fold aswell to 5.0  when the share price drops by a fifth or will I have to make that adjustment myself just before trading closes?

Link to comment

Hi Charlottel, 

Do we need to worry about adjusting stop limits on the above company holdings. 

Link to comment
On 22/08/2020 at 08:37, Guest tesla fan said:

define active investors .. you put an asterisk behind but no further explanation. ... thanks 

 

On 27/08/2020 at 09:03, Guest Telsa Supporter said:

I am asking this the 2nd time.  

 

active investors the opportunity to buy and sell US shares with zero commission to pay.*

 

How to become an active investor ? 

Thank you for letting me know. Details now added. 

Link to comment
On 23/08/2020 at 22:10, Kaine987 said:

Given that the total price of the open positions hold before the split, remains the same after the split, what does it mean exactly that positions holder will be affected ?

You are correct the positions will be multiplied by (lets use apple as an example) 4 and the price will be divided by 4. So it will not have a profitable/ negative impact but it will have changes on your account. 

 

8 hours ago, paultee said:

So does a 1.0 spread bet position on Telsa automatically increase 5 fold aswell to 5.0  when the share price drops by a fifth or will I have to make that adjustment myself just before trading closes?

 

Link to comment
On 26/08/2020 at 23:54, Mick123 said:

Will Tesla stock price after the split rise or fall in value?

We have no way of knowing this, sorry :( . 

Link to comment
1 hour ago, Guest Vin said:

Hi Charlottel, 

Do we need to worry about adjusting stop limits on the above company holdings. 

Stops and limits will be adjusted accordingly :)   

Link to comment

Hello,
I am using the IG Simulator.

I bought 10 Apple CFD on the 25/08 for a level of  506.18$.

From your post, it seems that IG will automatically take in account the Apple Split (4/1) and change my stock from 10 to 40 right ?

However, on my IG Simulation account, I still have only 10 CFD, is that normal ?

 

Thank you,

 

Louis 

Link to comment

Anyone has a problem with their tesla average price post split? mine says 0 which is wrong.?

 

Link to comment

Should the P&L in my Positions window for Tesla be over stating the profit by approx + 300%?  This error started after the stock split.

Its not reflected in the total P&L just in the Tesla row. 

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Blog Statistics

    • Total Blogs
      3
    • Total Entries
      2,822
  • Latest Forum Topics

  • Our picks

    • International Workers' Day & Early May Trading Hours
      Please be advised that our opening hours will be adjusted on 1 May 2024 for International Workers’ Day and 6 May 2024 for the UK Early May Bank Holiday. Where appropriate, the times listed are in GMT.
        • Like
    • Are these the best AI stocks to watch in May 2024?
      Microsoft, Apple, Nvidia, Amazon and Meta could be the best AI stocks to watch next month. These stocks are the largest AI stocks in the US based on market capitalisation.
    • Natural Gas Commodity Elliottwave Technical Analysis
      Natural Gas



      Mode - Impulsive 



      Structure - Impulse Wave 



      Position - Wave (iii) of 5



      Direction - Wave (iii) of 5 still in play



       



      Details:  Price now in wave iii as it attempts to breach 1.65 wave i low. Wave (iii) is still expected to extend lower in an impulse.



       



      Natural Gas is currently breaching the previous April low, marking a decisive move as the impulse initiated on 5th March continues its downward trajectory, further extending the overarching impulse wave sequence that commenced back in August 2022. This decline is anticipated to persist as long as the price remains below the critical resistance level of 2.012.



       



      Zooming in on the daily chart, we observe the medium-term impulse wave originating from August 2022, which is persisting in its downward trend after completing its 4th wave - delineated as primary wave 4 in blue (circled) - at 3.666 in October 2023. Presently, the 5th wave, identified as primary blue wave 5, is underway, manifesting as an impulse at the intermediate degree in red. It is envisaged that the price will breach the February 2024 low of 1.533 as wave 5 of (3) seeks culmination before an anticipated rebound in wave (4). This confluence of price movements underscores the bearish sentiment prevailing over Natural Gas in the medium term.



       



      Analyzing the H4 chart, we initiated the impulse wave count for wave (3) from the level of 2.012, which marks the termination point of wave 4. Notably, price action formed a 1-2-1-2 structure, with confirmation established at 1.65 and invalidation set at 2.012. The confirmation of our anticipated direction materialized as price breached the 1.65 mark, signifying a resumption of bearish momentum. Presently, there appears to be minimal resistance hindering the bears, thereby reinstating their dominance in the market. It is projected that wave iii of (iii) of 5 will manifest around 1.43, indicative of the potential for the wave 5 low to extend to 1.3 or even lower. This comprehensive analysis underscores the prevailing bearish outlook for Natural Gas in the immediate future.



       







       







       




      Technical Analyst : Sanmi Adeagbo
       
        • Like
×
×
  • Create New...
us