Consolidations on US stocks 💲

First Time Investing 🐣
1

Hi.

So how does consolidations and other similar corporate actions work on freetrade (and or any broker that offers fractional US stocks) when us shares consolidate or do the reverse.

I forgot the word for that.

Do you just get the new amount, including full shares and / or fractions or do you get cash?

2

Stock splits.

Yeah very simple, I takes a day or so bit you don’t really notice.

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