Home Forums Members Forum spsx Reply To: spsx

Sean HymanSean Hyman
Keymaster
Post count: 5577

Yep, Eddie is correct. It’s a 10 for 1 reverse split. So, for every 10 shareas you have, you’ll have one, but the price of those shares will go up 10 fold as well. So, in splits, your portfolio will look weird for usually a day because the price adjusts immediately and your share count is usually adjusted by the next day. https://www.prnewswire.com/news-releases/direxion-announces-forward-and-reverse-splits-of-four-etfs-301186748.html

But yes, the position is only up 1.7% today.