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Why is there no ‘buy’ button for the investment I’m interested in?
Why is there no ‘buy’ button for the investment I’m interested in?

When shares can be sold but not bought

Support avatar
Written by Support
Updated over a month ago

While it doesn’t happen often, there are some situations where the option to buy shares is not available.

Reasons the "buy" button may not be available

The share price drops below $1 for 60 days

If a company’s share price falls below $1 USD for 60 calendar days, you can’t buy any more shares but can still sell shares you already own. The major exchanges have listing criteria that companies must meet - if they fall below $1 for an extended period of time, there is risk that it'll be delisted.

The company has been delisted from the major exchanges

If the company no longer meets the listing criteria for the exchange, then it may be delisted.

The exchange has enforced a trading halt

A trading halt is a temporary suspension of trading for a particular company. Trading halts are typically enforced in anticipation of a news announcement, to correct an order imbalance, as a result of a technical glitch or due to regulatory concerns.

The US government has placed restrictions on investments associated with particular countries or regions

On rare occasions, the US government may enact executive orders that limit the movement of money to particular companies or companies within a particular region.

The investment is not available on Hatch

Not all types of investments are available on Hatch. Hatch currently provides access to fractional shares in companies, ETFs and ADRs.

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