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Author Topic: Microcaptrade mergers and splits
PCola77
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Unless I am missing something, when a stock merges or splits it seems to not record the previous day's closing price at a split adjusted level.

Like (hypothetical example) ABCD closed yesterday at .01 and did a 1:100 reverse split and reopened this morning at $1.00 as EFGH. The symbol automatically updates but the % Chg stays at 0% the whole time. Seems like if the symbol update ocurse, there is probably a way to convert and cary over the price and % change.

Is it correct that as of now Microcaptrade does not work for % change for splits?

Thanks to anyone who can clarify.

Posts: 5508 | From: Southeastern PA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
   

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