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The only way to sell fractional shares is through a major brokerage firm, which can join them with other fractional shares until a whole share is attained. If the selling stock does not have a high demand in the marketplace, selling the fractional shares might take longer than hoped.
You generally cannot transfer fractional shares to another brokerage firm. If you decide to transfer your brokerage account to a different brokerage firm you may have to sell any fractional shares in your account.
You can sell fractional shares just as you can sell any other shares of stock you own. If you bought a half share through your brokerage and you want to sell your stake, you can simply place a sell order with the same broker and cash out your holdings.
Typically, fractional shares arent available from the stock market, and while they have value to investors, they are also difficult to sell.
Downsides of Fractional Shares. Limited selection of stocks: Not every stock is available for fractional investing. You might not be able to choose from as many companies as you could if you bought whole shares. Liquidity: You might not have immediate asset liquidity with your fractional shares.

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Downsides of Fractional Shares. Limited selection of stocks: Not every stock is available for fractional investing. You might not be able to choose from as many companies as you could if you bought whole shares. Liquidity: You might not have immediate asset liquidity with your fractional shares.
Fractional shares cannot be transferred, and stock certificates are not available for them. Fractional shares need to be sold prior to any transfer.
For some investors, fractional shares are worth it because it means they can own a part of a stock from a company they are interested in, without committing to buying a whole share. While fractional shares have much in common with whole shares, they dont trade on the open market as a standalone product.
You can simply set the dollar amount you wish to invest, and your broker will invest that amount. Fractional shares were used as parts of dividend reinvestment plans. So if a stock paid out a dividend to you, the company could reinvest that payment (or a portion of it) into fractional shares.
Robinhood rounds all holdings of fractional shares to the sixth decimal place, the value of fractional shares to the nearest cent, and any dividends paid on fractional shares to the nearest cent. Robinhood will not accept dollar-based purchases or sales of less than $1.00.

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