TD Ameritrade (AMTD) has been acquired by Charles Schwab (SCHW). As part of this transaction, AMTD ceased trading on the Nasdaq exchange beginning 10/6/2020 and can no longer be bought or sold. All shareholders of TD Ameritrade will receive 1.0837 shares of Charles Schwab (SCHW) for every TD Ameritrade (AMTD) share previously held. Fractional shareholders will receive shares of SCHW proportional to their holdings of AMTD.
If you have questions regarding corporate actions that affect shares you’re holding, we recommend contacting the appropriate company’s Investor Relations team, or locating the Investor Relations page on their website for clarification.
Investing involves risk; you may lose money. Brokerage services provided by Cash App Investing LLC, member FINRA/SIPC and a subsidiary of Square, Inc. Past performance of a security or financial product does not guarantee future results or returns. You should consider the risks before investing. For more on the risks of investing see our Disclosure Library.
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