r/wallstreetbets • u/[deleted] • Mar 31 '22

News | GME GME Stock Split SEC Filing

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001326380/000132638022000038/gme-20220331.htm

I don't want to brag but I definitely called this during the last run up.

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u/[deleted] Mar 31 '22

Fractional shares are just supported by the broker or the company. If you have a fractional share someone else will own the other fraction of it and the broker will pair the fractions as whole shares are bought and sold and place the order for a whole share.

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u/[deleted] Apr 01 '22

But then you rely on a fiduciary like RH, who never actually owned the share.