Apr. 30 at 2:46 PM
$MRAL RIOX did a 1-for-3 reverse split on March 19, 2026. It went from
$7 pre-split to
$21 post-split. Total value unchanged — just fewer shares at 3x the price. Same thing happening with MRAL's 1-for-10 tomorrow. The “Bewarned” is overblown; it's routine for these volatile 2x leveraged ETFs.