Monday, May 21, 2018 8:57:03 AM
The term "float" refers to the regular shares a company has issued to the public that are available for investors to trade. This figure is derived by taking a company's outstanding shares and subtracting any restricted stock, which is stock that is under some sort of sales restriction (for example, stock that is held by insiders and cannot be traded because they are in a lock-up period following an initial public offering).
https://www.investopedia.com/ask/answers/what-is-companys-float/
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