Risk disclaimer: 73% of retail investor accounts lose money when trading CFDs and Spreadbets with this provider. You should consider whether you understand how CFDs and Spreadbets work and whether you can afford to take the high risk of losing your money.
Walmart's 3 for 1 Stock Split
BY TIO Staff
|February 21, 2024We would like to inform you that Walmart’s stock (Symbol: WMT) will undergo a 3 for 1 stock split over the weekend. It will come into effect when the market opens again on Monday, 26th February 2024.
In the case of Walmart's 3 for 1 stock split, every share of Walmart stock will be split into three shares, and the price per share will become a third of the original value at the time of the split.
What does this mean for you?
If you hold share CFD’s in Walmart at the time of the stock split, you will get 3 share CFD’s for every CFD in your portfolio. The price per share CFD will also decrease to take this into account. However, the market value of your Walmart CFD’s will not be affected.
Stock splits often generate increased trading activity and volatility in the market, presenting opportunities and risks. We encourage you to stay alert as the market reacts to these developments.
If you have any questions or require assistance, please contact our customer support team.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Behind every blog post lies the combined experience of the people working at TIOmarkets. We are a team of dedicated industry professionals and financial markets enthusiasts committed to providing you with trading education and financial markets commentary. Our goal is to help empower you with the knowledge you need to trade in the markets effectively.
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