The shares are currently trading at $4.40 and he has issued a stop loss order to sell if they fall to $4.20.
Wikipedia foundation.
stop-loss order — stop loss .order n technical an arrangement in which the person who buys and sells ↑stocks for you agrees to buy or sell them when they reach a particular price … Dictionary of contemporary English
Stop-Loss Order — An order placed with a broker to sell a security when it reaches a certain price. A stop loss order is designed to limit an investor s loss on a security position. Also known as a stop order or stop market order . Setting a stop loss order for… … Investment dictionary
stop-loss order — An order to unwind a position when the price moves against you. For example, you had purchased a stock, the stop loss order would be to sell the stock when the price falls to a specified level. If you were short the asset, the stop loss would… … Financial and business terms
Stop-Loss-Order — Orderzusätze oder Handelsoptionen sind Bezeichnungen, die eine Wertpapierorder genauer bezeichnen und bestimmte Bedingungen stellen, unter denen diese Order ausgeführt werden soll. Es gibt generell die Unterscheidung zwischen unlimitierten und… … Deutsch Wikipedia
stop-loss order — noun an order to a broker to sell (buy) when the price of a security falls (rises) to a designated level • Syn: ↑stop order • Hypernyms: ↑order, ↑purchase order * * * noun … Useful english dictionary
stop loss order — An order given by an investor to a broker to sell a financial instrument, commodity, etc., when its price falls to a specified level in order to limit loss … Accounting dictionary
stop-loss order — An order placed with a broker in a security or commodity market to close an open position at a specified price in order to limit a loss. It may be used in a volatile market, especially by a speculator, if the market looks as if it might move… … Big dictionary of business and management
stop-loss order — See stop order. * * * … Universalium
stop-loss order — /stɒp lɒs ˌɔ:də/ noun an instruction to a stockbroker to sell a share if the price falls to a certain level (NOTE: The US term is stop order.) … Dictionary of banking and finance
stop loss order — See stop order … Ballentine's law dictionary
