Tractor Supply Co (TSCO.NAS) has announced a 5:1 stock split, effective Friday, December 20th 2024. Please take note of the following:
- Affected Platforms: MT5
- Affected Servers: MT5
Price Chart:
- Starting from Market open on the 20th Dec, TSCO.NAS will quote with post-split price.
Historical Chart will be adjusted to post-split prices.
Position Adjustment:
- All TSCO.NAS open positions on 19th Dec EOD will be increased by 5 folds, they get 4 additional lots for every lot of holding.
- e.g., 1 lot will become 5 lots.
- For positions that exceed the maximum (1000 lots) after the split, will see a new trade with excess volume.
- E.g. a 1000 lots position will become five 1000 lots positions.
- Floating PnL will remain unchanged as the open prices will be adjusted accordingly.
- Existing positions SL/TP will be decreased by 2 folds as well.
- Eg. SL of 100 will be adjusted to 20.
- Pending positions will be deleted.
In short, your do not need to do anything, except for beware of the market risk and increased volatility during the period. If you have any questions or need further clarification, please do not hesitate to reach out.