Price history after stock split error

Question

This has been going on for years, but this is the first time I've bothered doing anything about it. Every time there is a stock split the post split price is entered into Quicken a week before the split takes place. The prices get changed on the date of the split, so a week before the split, in the most recent case, the stock price was changed to 1/5 of what it actually was on that date, which was correct in Quicken as of the date a week earlier, but wrong today for every day between the first wrong price and today. I had to go back to the first erroneous price and manually change the price by multiplying it x 5, and then do that for all the dates up until today, when the correct price was there because I entered the post split price in the transaction detail. This is really annoying.

Sceptic · Accepted Answer

@Rick Lush What you're describing is a known issue that has been reported by Quicken users for years. The problem is generally attributed to the security price data supplied by Quicken's quote provider being adjusted for the split before the actual effective date. Quicken imports the prices it receives, so historical prices leading up to the split can become temporarily distorted even though the split transaction itself is correct. Unfortunately, there does not appear to be a Quicken setting that prevents this. The usual remedy is to manually edit the affected prices or wait until the quote provider eventually corrects them.