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A stock float can mean a couple different things. First, a stock float refers to the number of shares that are publicly available for investors. Second, investors may also talk about floating a ...
Thinkorswim, Inc. was founded in 1999 by Tom Sosnoff and Scott Sheridan as an online brokerage specializing in options. [2] It was funded by Technology Crossover Ventures. [3] In February 2007, Investools acquired Thinkorswim. [4] In January 2009, it was acquired by TD Ameritrade in a cash and stock deal valued around $606 million.
Tom Sosnoff (born March 6, 1957) is an entrepreneur, options trader, co-founder of Thinkorswim [1] and tastytrade, and founder of Dough, Inc. He was senior vice president of trading and strategic initiatives at TD Ameritrade.
Do you have to live in the U.S. to open a stock brokerage account? No, non-U.S. investors are able to open brokerage accounts and invest in U.S. companies, but they might face a few additional ...
The float is calculated by subtracting the locked-in shares from outstanding shares. For example, a company may have 10 million outstanding shares, with 3 million of them in a locked-in position; this company's float would be 7 million (multiplied by the share price). Stocks with smaller floats tend to be more volatile than those with larger ...
Low float stocks are favorites of day traders because the limited supply of these generally inexpensive shares can lead to exceptionally rapid changes in price. With the potential for great reward ...