SiriusXM Radio reverse split not handled correctly
Stock symbol SIRI had a 1:10 reverse split yesterday, and despite my editing the price history to correct yesterday's prices to 10x, Quicken shows me about a 90% loss for the day. I answered yes to Quicken's question about the split.
This error is throwing off my portfolio totals.
Comments
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Splits and Reverse Splits always cause the daily change to be wrong. It's been like that for years. It's supposedly being looked into but no answer as to if/when it will be fixed.
Quicken Windows user since 1993.
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Quicken's downloaded share prices are often out of sync with the split by a few days. In order for splits to be recorded correctly in Quicken, the correct prices must be recorded in the Price History starting on the same day as the Stock Split is recorded.
QWin Premier subscription1 -
Correct. However it doesn't fix the daily change on the day of the split. The market values will be correct but the daily change is still wrong.
Quicken Windows user since 1993.
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One other thing on this is that once you fix the incorrect daily prices the issue only shows up at the account total level in the Investing tab on the day of the split. The total security daily change is correct and the at the bottom is correct. Plus, if you view the holdings from the Account Overview that total daily change is correct. There is just the one spot where this incorrect amount seems to get "stuck".
Quicken Windows user since 1993.
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