I have noticed many times that a stock will close at a certain price and the next day will open at a different price. Some of these overnight price moves are quite large.
Just like day moves are capped to 20%, is there a limit to these overnight changes?
What exactly causes such large changes?
In thinly traded stocks this type of move happens all the time but in high volume stocks it is not expected.
Just like day moves are capped to 20%, is there a limit to these overnight changes?
What exactly causes such large changes?
In thinly traded stocks this type of move happens all the time but in high volume stocks it is not expected.