Tick

What Does It Mean?
What Does Tick Mean?
The minimum upward or downward movement in the price of a security.
Investopedia Says
Investopedia explains Tick
Historically, stocks didn't trade in decimals. A stock would move in amounts of 1/8, 1/16, or 1/32 of a dollar (the tick). This changed when the decimal system was brought in.
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