Mr Cooper Group Inc (COOP)

[Evintos]

Certain stocks were put into a trial program where the bid/ask spread was limited to $0.05 increments. The reality is MM are able to trade between the 5 cent increments while retailers were stuck with those increments. As far as I know no retailers had their orders filled in the in between ranges.

It's one of the reasons why this was trading 1.10/1.15 - 1.15/1.20 - 1.25-1.30 but orders were getting filled for someone between the bid/ask spread.

It is, was, and forever will be, a horrible idea for any stock.