Maybe a dumb question, but I'm just learning.
So news and after/pre market trading all help to determine what the price will be for a stock when it opens, but does this affect all orders the same?
Here is what I mean: suppose a stock ends the day trading at $10/share. After the market is closed I place a limit order for $10.10. The next day the market opens trading at 10.50, will my order have gone through? I guess I'm confused on how prices get determined first thing in the morning. Is it an all at once thing where everyone buying first thing gets the same price, or is the sudden jump just an averaging of the affects of a bunch of sales?