Timeline for Stock price changes by 10% instantly between AH close and premarket open?
Current License: CC BY-SA 4.0
11 events
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Mar 19, 2020 at 13:50 | comment | added | Grade 'Eh' Bacon | @cds333 Have you not noticed what happened in the last week? Market realities can change very quickly. Turns out not a single person would pay over $70 on this particular stock that closed at $80. You're looking at one of the worst stock crashes in market history, so this is not a common thing, but it clearly isn't impossible, either. | |
Mar 19, 2020 at 13:46 | comment | added | cds333 | @Grade'Eh'Bacon ok, but one need only visit stocktwits to see that there are always people bullish on SOXL, no matter what day or time. There's always some guy willing to pay market price. I find it hard to believe that not a single person would pay over $70/share on a popular stock that closed at $80. | |
Mar 19, 2020 at 12:55 | comment | added | Grade 'Eh' Bacon | @cds333 Whether or not the stock is traded, the fundamental realities of the business can change. If a Boeing airplane crashes on Sunday night, and a news report says that its because of faulty programming, hasn't the true value of Boeing dropped, whether or not anyone has traded it yet? | |
Mar 19, 2020 at 11:32 | comment | added | cds333 | @RWP 8pm to 6am ET... So are there other markets trading this stock during that time? Because if not, then whats driving the price change if there are no sales going on? | |
Mar 18, 2020 at 16:14 | comment | added | RWP - Down by the Bay | How much real time passed between the price changes? Markets are moving wildly right now so even if it was a few hours I wouldn't be surprised by a 10% change in that time. The market doesn't need to be open for people's estimate of the price to change. If the market was closed overnight and someone announced that they discovered cold fusion before it opened then every energy stock would be crushed when the market did open. | |
Mar 18, 2020 at 14:26 | history | edited | yoozer8 | CC BY-SA 4.0 |
Formatting
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Mar 18, 2020 at 14:01 | answer | added | Grade 'Eh' Bacon | timeline score: 1 | |
Mar 18, 2020 at 13:38 | history | edited | cds333 | CC BY-SA 4.0 |
not a typo. $10 is not significant unless you know the stock price. %10 is significant.
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Mar 18, 2020 at 13:37 | history | rollback | cds333 |
Rollback to Revision 1
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Mar 18, 2020 at 13:31 | history | edited | yoozer8 | CC BY-SA 4.0 |
Typo fix in title
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Mar 18, 2020 at 13:10 | history | asked | cds333 | CC BY-SA 4.0 |