Incorrect Portfolio Value & Cost Report after a stock spin-off type entry - multicurrency

I entered a stock spin-off transaction on 7/19/2023 and when I go now to run the portolio value & cost report for this security, with the transaction exchange rate checkbox marked so I can get the actual gain using correct exchange rates, the market value quote of the security now says ~4000 instead of previously around ~68000. What could be going on?
If I run the report with a date prior to the first spin-off transaction (which seems to remove the entire number of shares and then adds them back for each lot according to the spin-off proportions), then report is fine. I.e the market value of the stock is normal on 7/17/2023.
Above using transaction exchange rate, market value of security shows 4799 which is clearly wrong.
This is without the transaction exchange rate set showing a very different market value.
This is with transaction exchange rate set and PRIOR to the spin-off transaction type entry.
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