Brokerage account not calculating accurately after HMMJ reverse split? : stocks


I don’t want to be a huge noob, but I can’t figure out this math in my brokerage account. Any ideas?

View post on imgur.com

I bought 70 shares of HMMJ in 2017 for 14.24/share. (cost me $996.80)

There was a reverse split 2 months ago and my 70 shares turned into 41 somehow. I thought a 2:1 split would half the shares to 35. I checked my transaction history and there’s no DRIP for this in my transaction history – only these two records.

It says my average price is 7.16 and current price is 7.09, so I would think my market value would be the ratio between 7.16 and 7.09, but it shows market value is $290.69 which is almost a 60% loss.

Any ideas what kind of fuckery math is happening here or am I just a huge noob?

Thanks!



Source link

Related articles

S&P 500 Technical Evaluation – Merchants take defensive bets into Jackson Gap

Basic OverviewThe S&P 500 had an excellent efficiency initially of final week following the US CPI report as the information got here principally in keeping with expectations. Within the following days although, we obtained some hottish information...

Tenaya: 2 Coronary heart Dysfunction Information Releases This autumn 2025 Brings About Main Inflection Level (TNYA)

This text was written byComply withTerry Chrisomalis is a personal investor within the Biotech sector with years of expertise using his Utilized Science background to generate long run worth from Healthcare. He's the...

Tullow Oil talks refinancing, debt technique with bondholders

(Bloomberg) – Tullow Oil Plc is in talks with its bondholders about refinancing a virtually $1.3 billion bond due subsequent yr, as the upcoming maturity provides to stress on the Africa-focused oil explorer.  ...

The very best moveable displays in 2025

Whether or not you are engaged on the go, gaming away out of your desk or simply need a second display screen to spice up your productiveness, a conveyable monitor generally is a...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com