How do we manage IAU 2 for 1 reverse split?

acidgerm · May 25, 2021, 4:21am

It’s “screwing” up the numbers.

evankoh · May 25, 2021, 7:03am

Hi,

Would this help? → How to Handle Stock Splits - StocksCafe Academy

Cheers,
Evan

acidgerm · May 25, 2021, 8:06am

Hi Evan, can you add the new symbol IAU1?

https://infomemo.theocc.com/infomemos?number=48664

evankoh · May 25, 2021, 9:32am

Hmm… I actually think the ticker did not change → Symbol Lookup from Yahoo Finance

I just updated → iShares Gold Trust Stock Summary (USX:IAU) - StocksCafe

acidgerm · May 25, 2021, 10:25am

Thanks. In that case, how should I reflect the 2 for 1 reverse split? What “new” stock symbol do I use?

Right now, it shows I have a massive gain which is not right.

evankoh · May 25, 2021, 11:00am

I just did a stock split of 2:1 on 24 May 2021 using this → Perform Stock Split - StocksCafe

It should be better now.

acidgerm · May 25, 2021, 12:10pm

Thanks for helping with the split. I’m pretty sure the summary here is now wrong - seems to have calculated IAU at a massive loss.

Do you know I can correct this?

evankoh · May 25, 2021, 2:07pm

Yes, you are right. The IAU pricing was still kinda wrong. I have updated it again from upstream and it should be fine now. Can you check again? Thanks.

https://stocks.cafe/stock/recent/IAU/?exchange=USX