Business
Fidelity Investments: Latest Updates on Fractional Share Trading, Market Outlook, and More
Fidelity Investments, a leading financial services company, has been making significant strides in enhancing its services and providing valuable insights to its users. One of the key updates involves fractional share trading, a feature that allows investors to purchase and sell portions of shares rather than whole shares. According to recent guidance, fractional share trading is available on both the Fidelity website and the mobile app, but it is not currently available on the Active Trader Pro (ATP) platform.
For investors looking to engage in fractional share trading, the process is straightforward. Users need to log into their Fidelity account, search for the desired stock, select the fractional shares option, specify the dollar amount or number of shares, review the order, and then place it. Fidelity’s customer support is also available to assist with any issues that may arise during this process.
In addition to these trading features, Fidelity has been providing market outlooks and analyses. Recent reports indicate that Netflix Inc. (NFLX) shares have seen a significant increase, trading 9% higher over the past week and hitting a new 52-week high following positive earnings reports.
Fidelity also offers other investment tools and resources, such as Fidelity Basket Portfolios, which are designed to make building and managing investment portfolios faster and easier. These portfolios allow users to diversify their investments with a single transaction, simplifying the investment process.
Moreover, Fidelity provides educational content on various financial topics, including the pros and cons of 401(k) loans. This information is aimed at helping investors make informed decisions about their financial health, especially in times of unexpected expenses or financial emergencies.