How to sell stock
At Robinhood you can create a sell order by entering the number of shares or the dollar amount of the specified stock. The availability of order types depends on the available trading session and for the 24/5 Market hours on the eligibility of the stock. The default order types per trading session are as follows:
You can choose different order types if you don’t want to use the default order type. During extended hours and 24/5 market hours it isn’t possible to select sell market orders, just limit order types. Orders placed in stocks that aren’t eligible for the 24/5 market or when the market is closed, are queued for the opening of regular market hours.
When placing a market sell order, keep in mind that the last-traded price is not necessarily the price at which your market sell order will be executed.
Check out Trading with Robinhood Legend to learn more about buying stocks in Legend.
Trading during extended and overnight hours comes with additional risks such as lower liquidity and higher volatility. You can learn more in the Extended-Hours Trading Disclosure.
Fractional shares are not liquid outside of Robinhood and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see the Fractional Shares section in our Customer Agreement.
Not all securities are eligible for the entry of fractional orders during Robinhood’s extended-hours trading. If a security isn’t eligible, the order will be queued for the opening of market hours.
You can learn more about eligible securities and the risks of extended-hours trading in Extended-hours trading and for overnight hours in Robinhood 24 Hour Market.