LULD - trying to calculate, having problems

Discussion in 'Trading' started by terr, Aug 30, 2021.

  1. terr

    terr

    References: https://www.luldplan.com/ and https://www.nasdaqtrader.com/content/MarketRegulation/LULD_FAQ.pdf

    The LULD levels reported by exchanges for ATIF at the moment (in a couple of feeds I am looking at) are 20% from price up/down. According to all the definitions I could find, that 20% can only apply to stocks that have previous close >0.75. ATIF's previous close was ~0.5. So how in the world are exchanges calculating LULD of 20% right now for it?

    Are the links I gave above wrong? If so - where are the correct regulations?
     
    Last edited: Aug 30, 2021
  2. terr

    terr

    Ok. Never mind. The stock was a reverse split so the prev close needed to be adjusted.
     
    Nobert likes this.