I too was affected. I called ameritrade and he made it sound like business as usual. No way.Wish I understood what was going on with my Hertz stock this week. Bought it just before it split into two stocks (HTZ and HTZWW) a few months ago, stock has been doing well. This week I check it premarket and I am down 95% on the HTZ stock, Ameritrade showed the HTZ stock at a buck and change. I read the news and see the "re-ipo", stock opens later in the day and it is down a bit but back up into the high 20's. After market Ameritrade shows my HTZWW is gone and I have about 10 times more HTZ stock. I cant figure out why that happened. Must have been an Ameritrade snafu
If you owned HTZZ (closed around 35$), it was converted to HTZ the next day when it opened as a "new IPO" at the new IPO price of $26.25. There is just no way. All the stockholders would have sold off at $35 and not taken the automatic loss when it opened at the new IPO price. I lost a bunch and I bet some lost millions.
There would have been a massive sell off the day before.