Timeline for In the stock market, why is the "open" price value never the same as previous day's "close"?
Current License: CC BY-SA 2.5
6 events
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| Oct 23, 2015 at 5:42 | comment | added | Jack Swayze Sr | @randomblue it is the open orders that move the going price of a security, not the trades. For each offer to buy there has to be an offer to sell which is at or below the offer to buy. If no one wants to sell at$40 then the offers to buy have to increase. | |
| Oct 26, 2012 at 17:38 | comment | added | Andrew | @Justin The actual quoted price of a stock will not change when the exchange it is traded on is closed. Just because the quote doesn't change doesn't mean its actual value doesn't-- think of it as a house. You know the price of a house when you buy it and again when you sell it; still, this does not mean the price isn't fluctuating between those two events--it's just not published during that time. | |
| Oct 26, 2012 at 14:21 | comment | added | Randomblue | Hold on a second. You say that the price of a stock refers to the last price at which that stock traded. Then why does the price vary while the stock exchange is closed and no stocks are being traded? | |
| Nov 18, 2010 at 5:32 | history | bounty ended | MrChrister | ||
| Nov 17, 2010 at 1:07 | history | edited | Andrew | CC BY-SA 2.5 |
added one more example
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| Nov 17, 2010 at 1:00 | history | answered | Andrew | CC BY-SA 2.5 |