Selling Limits
Cash App Investing has a minimum sale amount of $1.
You can sell all or some of the stock that you own. If you place a sell order that is close to the total amount you own (98% or more), all of your stock would be sold unless you select a lower amount to sell.
For example, if you own $100 in stock ABC and attempt to sell $98.00, you will either need to sell all $100 or choose an amount below $98.00.
If the approximate market value of your remaining shares is within $1.00 of your entire holding for that symbol, but less than 98% of what you own, again all of your holdings would need to be sold.
For example, if you own $2.50 in stock XYZ and attempt to sell $2.00, you will either need to sell all $2.50 or select an amount between $1.00 and $1.50.
Additionally, if the approximate market value of your holdings is less than $2.00 at the time of the transaction, all of your holdings would need to be sold if you still wish to complete the sale.
Selling shares may have tax implications. If you have questions about your particular tax situation you should consult a tax advisor. Brokerage services provided by Cash App Investing LLC, member FINRA/SIPC. Cash App Investing does not provide investment advice or recommendations. Investing involves risk and you may lose money. Review the Disclosure Library (https://cash.app/legal/us/en-us/cash-investing-disclosure-library) for more on the risks involved with investing.