Re: Day High Price
well, somebody buys a stock @100 when market opens and wants to sell it @110 in next couple of minutes. The same time somebody else is ready to buy it @110 price. This way the stock price go up. Now the question is why somebody else is ready to buy it at higher price, the possible reasons could be:
1- Company is doing good and quarterly results are also good. Growing in business.
2- Some positive news about the company in the market.
3- Merger, dividend, split
Hope it will help you....