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Closely Held Shares

What Does It Mean?
What Does Closely Held Shares Mean?
The shares held by individuals closely related to a company.
Investopedia Says
Investopedia explains Closely Held Shares
Keep in mind that lots of small-caps are closely held. Since a large portion of the management's potential for wealth is tied to the stock, you can bet they'll be working very hard to get the stock price up!
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