You can sell stock you bought on Cash App by following these simple steps:
- Open the Cash App: Log in to your Cash App account.
- Navigate to the Investing Tab: Tap on the "Investing" tab at the bottom of the screen.
- Find Your Stock: Locate the stock you want to sell in your portfolio.
- Tap on the Stock: Select the stock to view its details.
- Choose "Sell": Tap on the "Sell" button.
- Enter the Quantity: Enter the number of shares you want to sell.
- Confirm the Order: Review the order details and confirm the sale.
Once your order is confirmed, the stock will be sold, and the proceeds will be credited to your Cash App account.
Important Considerations:
- Market Orders: When you choose a "market order," you are selling the stock at the current market price.
- Limit Orders: If you want to sell your stock at a specific price, you can use a "limit order." This allows you to set a minimum price you're willing to accept for your shares.
Example:
Let's say you bought 10 shares of Apple (AAPL) at $150 per share. Now, you want to sell 5 shares at the current market price. You can do this by following the steps outlined above. If the current market price for Apple is $160, you will receive $800 for your 5 shares (5 shares x $160 per share).
Note: Cash App charges a commission on stock trades, so be sure to factor that into your selling decisions.