Apple and Tesla stock split: How does it work and how will it affect me?
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Apple and Tesla stock split: How does it work and how will it affect me?

Both Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) recently announced that they are splitting their stocks on August 31, 2020.

Apple announced a 4-for-1 stock split while Tesla announced a 5-for1 stock split. If you own either of these stocks, you will see the split price automatically reflected in your investment account on August 31st – there is no action required on your part and Firstrade does not charge any fees for stock splits.

If you currently own Apple or Tesla stocks or plan to buy any soon, here’s what else you need to know:

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Firstrade's latest iOS app update has customers’ most-requested features
Firstrade Official Blog Firstrade Official Blog

Firstrade's latest iOS app update has customers’ most-requested features

Firstrade’s iOS app v3.3.8 brings the following features to this release:

Group Positions
Positions can now be grouped by asset type (stocks, options, mutual funds, etc. each arranged alphabetically within the group) or alphabetically (with stocks grouped with the related options).

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