Lesson 8: Spin-offs, Carve-outs & Rights Issues. New tickers landing unrequested, and 'free' rights that expire worthless if you ignore them.
A ticker you never bought appears in your account. Why?
Go with your gut — before we name the three quiet events.
Assessment
One morning a second, unfamiliar stock shows up in your account — you never placed that order. The most likely cause?
A ticker you never bought 👋