Welcome to our dedicated page for Global X Cannabis ETF news (Ticker: POTX), a resource for investors and traders seeking the latest updates and insights on Global X Cannabis ETF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Global X Cannabis ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Global X Cannabis ETF's position in the market.
Global X ETFs announced a reverse split for the Global X Cannabis ETF (POTX), effective after market close on June 10, 2022. The split will be at a ratio of 1:6, meaning that every six shares will convert into one share priced six times higher than the net asset value (NAV) prior to the split. Shareholders may receive cash for any fractional shares resulting from the split, which could trigger a taxable event. Global X continues to manage over $40 billion in assets across more than 90 ETFs.
