I am utterly dissapointed by the communication of Trading212 regarding the stock splits of tesla and apple.
I had quite a big position in tesla for my portfolio (0.25 share at 1480 avg price) and it had seen it’s downs but after the stock split announcement it was in the green. Since I knew that Trading212 would sell the fractional share when the split happens, I wanted to make sure to be in the green so I sold with 8 bucks in profit at a fill price of around 1520. I saw tesla climb up and up all the while I didn’t want to risk anything by buying a fractional share again and then potentially ending the position in the red as Trading212 would sell fractional shares.
But apparently they announced (who knows where, never saw a notification) that fractional shares that will result in one full share would be split to a full share. Why the late “announcement”? Utterly dissapointed by this.