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.
In: 0
While it’s possible to buy a single share of stock, that’s not how things are usually done. Normally shares are bought in bundles, and the price per share is the cost of the bundle divided by the number of shares in a bundle. Depending on the price of a bundle and its size, the cost might not divide up evenly.
Latest Answers