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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Never deposit more than you are prepared to lose. Professional client's losses can exceed their deposit. Please see our risk warning policy and seek independent professional advice if you do not fully understand. This information is not directed or intended for distribution to or use by residents of certain countries/jurisdictions including, but not limited to, USA & OFAC. The Company holds the right to alter the aforementioned list of countries at its own discretion.
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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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