Stock

It used to be that someone with limited financial resources had no chance of owning a quality race horse or even a fraction of one. That changed with the advent of MyRacehorse, which offers microshares in horses that can be bought for $100 or less. Now, there is a new player in the market, Morning Line. It, too, allows fans to buy into horses for only a few dollars. The difference is that a Morning Line customer is buying not just a horse, but a commodity that can be bought...