📢 ATTENTION!
Here’s your notice that there’s been a stock split on $TTEK (Tetra Tech Inc)
⚠️ The ratio for this split is 5:1
Any changes in the opening price and holdings in units are due to this corporate action.
👉 What is a Stock Split?
A stock split is when a company divides the existing shares of its stock into multiple new shares to boost the stock's liquidity. Although the number of shares outstanding increases by a specific multiple, the total monetary value of the shares remains the same compared to pre-split amounts, because the split does not add any real value.
👉 How do we respond to this type of Corporate Action?
We adjust the original opening rate of the position in question to reflect the new rates after the split and ensure that all subsequent profit calculations are correct. You can find more information here ➡️ www.etoro.com/stocks/stock-split/
*Keep in mind that you will see the adjustment reflected in your open positions for this asset once the relevant market opens.
Yours,
- The eToroTeam... Show More