Want to Buy Vinco Ventures (BBIG) Stock? See This First.

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

With the stock symbol BBIG, Vinco Ventures has been trending upwards for the last month, being up @23.10% MTD. Within the most recent news, BBIG is down almost 10%. The reason could be the upcoming merger with Lomotif. Vinco and ZASH intend to acquire Lomotif Private Limited (Lomotif) and will become a partnership under, ZVV Media Partners. Vinco Ventures plans to conduct this transaction in Q3 2021 and will shortly announce it to shareholders. The plans for this company seem very bright, as they are looking for even more partnerships in the near future. 

Step 1: Open up a brokerage account.

When you open a brokerage account, there are a few basic steps to follow. The brokerage house needs your full name and contact information. They use this data for tracking and tax documents. You must verify your method of payment — most often a bank account — using microtransactions. From there, you can fund your purchases and review your dashboard to check your performance.

Step 2: Select your number of shares. 

When you want to buy into BBIG, you must decide how many shares you wish to purchase. The number of shares you buy should be based on factors like:

• Budget
• Portfolio diversity
• The stock’s strength and history
• How long you plan to hold the stock

Step 3: Choose an order type.

Choose an order type that suits your budget and financial situation. Common order types include:

• Market orders allow you to buy or sell as normal
• Limit orders allow you to set a price limit at which you will buy or sell a certain number of shares
• Stop-loss or stop-limit orders are executed when the price drops or rises to a certain level to either secure profits or prevent losses
• All or none orders do not occur unless you can buy or sell the number of shares noted in the order
• Immediate or cancel order imply that the trade must happen right now or it should be canceled because the price might change

Step 4: Execute your trade.

When you execute a trade, it most often occurs instantly. Check your account dashboard to see the results of your trade, and you can move on to another stock if you like.

BBIG History

As you can see, BBIG has lingered under $3 in the past year, rising sharply at the beginning of 2021, falling steeply, and rising again on the news that it plans to “spin out” Emmersive Entertainment as part of a joint venture with ZASH. Learn more at Benzinga News.

When you need more information to make the best investment choices, turn to Benzinga Pro. You can use this service to study stocks, check current events, understand a company’s history and make informed decisions that both diversify your portfolio and increase your net worth.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.