I owned shared of AXYX, do I need to do anything to transfer to TPTX?


Question:
Woke up this morning to check my stocks and AXYX is no longer there. I guess they did a reverse split and it's trading under TPTX. On my scottrade account page, it still says AXYX# (and there is no quote data). Will my shares automatically transfer to TPTX over the next day or two?

Answer:
Yes, your broker will automatically exchange them. And it usually takes about three days.
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