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Ankle Biter

Stock issues with a market capitalization worth less than $500 million.

Also known as "small cap" stocks.

Investopedia Commentary

These issues can appear to be more speculative than stocks with high market capitalization. However, smaller issues often have great growth potential and tend to outperform larger market capitalization stocks. Small cap stocks are often biting at the ankles of the larger cap stocks and will one day - through capitalization growth - move up into the larger market capitalizations, as a child grows into adulthood.

Related Links

Market Capitalization Defined
What Is A Small Cap?
Introduction to Small Caps

See also: Issued Shares, Large-cap (Big-Cap), Market Capitalization, Mega Cap, Micro-Cap, Nano-Cap, Small Cap, Small Firm Effect