Palo Alto Networks’ (PANW.US) stock split
We would like to inform you that due to Palo Alto Networks stock split*, all open positions in PANW.US instruments will be automatically closed and pending orders will be deleted.
This means that the opening price of the instrument will be changed according to the stock split ratio, namely 3:1 (PANW.US).
For example, with the PANW.US price of 560 USD per share at the end of the session (13.09.2022), the new price after the split will be 186,66 USD (14.09.2022).
*A stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to current shareholders. The price per share, in this case, decreases proportionally.