Nanex ~ 11-Mar-2014 ~ $10 Trades in PLUG
On March 10, 2014, odd-lot trades (< 100 shares) in the stock of Plug Power Inc (symbol:
PLUG, market cap: $1.1 Billion) comprised 22% of all trades during regular trading hours.
PLUG was trading at a price of $10, which means 22% of all trades in this stock were
for $1,000 or less.
Breaking down the number of trades by size, from 1 to 99 shares, reveals
1. Breakdown of Odd-lot trades by number of shares for PLUG on March 10, 2014
(left) and March 11, 2014 (right).
- 16.6% of odd-lot trades were for just 1 share: each trades worth about $10.
- 60% of odd-lot trades were for 4 shares or less: each trade worth between $10 and
The high percentage of odd lot trades with size 1, 2, 3 and 4 disappears the next