Apple Inc. announced a 4:1 stock split, while Tesla Inc. notified of a 5:1 stock split. Both corporate events are to take place on 31st of August 2020. In this regard, upon the end of the trading session on 28th August, the price for both Apple Inc. and Tesla Inc. shares will be decreased 4 and 5 times respectfully.
Due to this adjustment, upon the end of trading session 28th of August, the volume of all opened positions and pending orders for #APPLE CFDs will increase 4 times and for #TESLA CFDs will increase 5 times. Prices for both CFD contracts will be decreased 4 and 5 times respectfully.
The previous split of Apple in June 2014 lowered the share price from $645.5 to $92.5. Now, the share price is about $500, after the split it will drop to $100. Don't miss the opportunity to cash in on this year's biggest corporate events. To increase your profits, use the bonus on any deposit +40%. Income from trading with bonus funds can be withdrawn at any time.
Also, the margin will increase from 20% to 35% for #APPLE and #TESLA instruments at 16.35 EET on 28th of August 2020.