Question

Henrique needed money for graduate school tuition. He called his broker and asked her to sell all 2,500 of her Coca-Cola (KO) shares on Wednesday as soon as the trading price hit $44 per share. Henrique knew that Coca-Cola closed at $43.50 on Tuesday. a)How will her expected trade appear on the ticker?

Answer 1

The expected trade on the ticker would likely appear as follows:

Ticker Symbol: KO
Trade Type: Sell
Number of Shares: 2,500
Limit Price: $44.00