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Real numbers are much more intuitive -- It's easier to find a buyer for $500 for 1 share than $3000 for one share. (And extremely low prices are subject to non-
by gowld 5y ago
Real numbers are much more intuitive -- It's easier to find a buyer for $500 for 1 share than $3000 for one share. (And extremely low prices are subject to non-trivial rounding error in per-share prices) That's why companies try to keep their stock between $10 and $500, using splits or reverse splits.