First things first: September, 2020, will be the first month that we will start seeing mass, unpaid, layoffs across certain industries, mostly airlines but also elsewhere. Until now, companies tried various ways to keep paying their employees even if they were not "coming into" work. MGM Resorts announces it will "fire" one-fourth of all its employees.
November 4, 2020: Covid-19 will no longer be the #1 story. That's been the social media joke for months. But seriously, I'm already starting to see signs that folks following the Covid-19 story are looking backwards; the movers and shakers, particularly in the investment world, are looking forward. Movers and shakers started looking past Covid-19, maybe two months ago. That explains the surge in the major market indices the past few weeks. FOMO.
Hurricane Laura: except for Lake Charles, mostly peaceful. And hurricanes, in generally, mostly peaceful until they hit landfall.
The AAPL split, link here.
The official split date is today, Friday, August 28, 2020.
After the close of business, shareholders will actually receive the extra shares in their brokerage accounts. For each Apple share you owned prior to the split, you'll see a total of four shares after the stock split takes effect. However, you shouldn't necessarily expect the new shares to show up at 4:01 p.m. EDT on Friday. Brokerage companies will handle processing according to their own procedures.
Finally, the last date you need to know is Monday, August 31, 2020. That's when trading in the shares on the stock market will reflect the post-split price. Because it's a 4-for-1 split, the new price should be roughly a quarter of the old price. That will make the total value of four new shares approximately equal to the value of one pre-split share.
Early scores, second day of tournament: pending
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