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REDDIT

GSAT 1-for-15 Stock Split

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Feb 11, 2025 · 20:58

https://finance.yahoo.com/news/globalstar-transfers-nasdaq-global-select-120000972.html

Fairly new to investing and so this is the first time I’ve ever experienced a stock split. I’m slightly worried as from what I’ve researched ‘stock splits are rarely good news’.

Will my quantity of shares literally update at market open when it becomes effective?

Are there any positives to a stock split?