Today's word: ANKLE BITER
Theme for this fortnight: STOCKS
Stock issues for one company whose total market
value is less than $500 million. These stocks are labelled
ankle biters because they are thought to be nibbling at larger market
capitalization stocks with the hopes of surpassing those stocks. This type
of stock has the potential to outperform stocks that have a
market value over $500 million because they are more speculative and
can do better during recessions.
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