Hi,
Is there a standard way in which QP handles corporate actions that
alter stock symbols, or require price adjustments? I couldn't find any
posts in the archive that lay out the policy.
I am specifically interested in CAR (Avis Budget Group), which I think
is a great example, since just about anything that could happen, did.
CAR is the remainder of CD (Cendant), after H (Realogy) and WYN
(Wyndham Worldwide) were spun out and Travelport was sold off to a
private equity group.
This week, a month or so after all the other parts of CD were gone, CD
did a reverse split (10:1), and changed its symbol to CAR, all at once.
This split/symbol change seems to have wiped out the history for CAR/CD.
I am not sure, whether this is temporary and will be fixed in the next
few days, or whether this is going to be the permanent end of the CD
stock price history. Note: For WYN and H there is also no stock price
history prior to their spin-off. Shouldn't at least one symbol inherit
the CD stock price history (adjusted, of course)?
Thanks,
Matthias
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