An investor purchased 2,000 shares of ( A B C ). com for ( $ 75 ). He is concerned that the stock price might decline suddenly and does not wish to lose more than ( $ 10 ) on the stock. Therefore, he entered an order to sell his shares of ABC.com if the price drops to ( $ 65 ) or below. What type of order is this?

Answer rating: 100% (QA)

This type of order is known as a stoploss order The investor ha... View the full answer