pull down to refresh

56 sats \ 2 replies \ @Wumbo 9 Jul \ on: Profiles of STRK, STRF and STRD Stacker_Stocks
Does one have to convert STRK if it hits the strike price of $1000?
Is it done automatically or does one have to submit a request?
write
preview
61 sats \ 0 replies \ @Bell_curve OP 9 Jul
If MSTR hits $1,000, you are not forced to convert. If you do not convert, you will keep collecting the 8% dividend.
reply
55 sats \ 0 replies \ @Bell_curve OP 9 Jul
Think of a preferred stock as an option, you have the option to convert or not, abort or not
reply