An order to buy shares of stock at a specified price or better is called a limit order.

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asked Jun 7, 2024 18.1k views

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TocToc · Answer 1 · 2024-06-13T13:25:45+0000

Answer:A limit order is an order to buy or sell a security at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. Example: An investor wants to purchase shares of ABC stock for no more than $10

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An order to buy shares of stock at a specified price or better is called a limit order.

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