Discover new perspectives and gain insights with IDNLearn.com's diverse answers. Join our interactive Q&A community and access a wealth of reliable answers to your most pressing questions.

Aretha owns shares of Apple that are currently trading at $215 per share. She believes the price could rise or fall in the near future. If the stock continues to rise in value, she would like to maintain her ownership; however, if the stock drops below $205, she would like to sell her shares because she believes that would indicate the start of a downward spiral. She should place a(n):

A) market order.
B) stop-loss order to sell at $205.
C) limit order to buy at $205.
D) all-or-none order.


Sagot :

Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Thank you for visiting IDNLearn.com. We’re here to provide clear and concise answers, so visit us again soon.