Basically the title. How do stock prices fluctuate by less than a cent if dollars are only normally broken down as far as cents? I routinely see prices for some stocks go up or down by this little.
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it means that if you buy 100 stocks, the price of that goes up 1 cent. It’s the same deal with gasoline where prices (at least in the US) are regularly named at 9/10 cents, and crypto where prices can easily drop to a thousandth of a cent ($0.00001) overnight. In the case of sub-cent prices, it effectively means that there’s a minimum purchase of whatever amount is needed to get to one cent
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