Open
What is it? A security?s price when the market opens for business. The opening price is not necessarily the same as the previous day?s close. News released after hours, trading on foreign exchanges, and changes in buy and sell orders all can affect the price. On the New York Stock Exchange and the American Stock Exchange a specialist selects the opening price that clears the most orders. On the Nasdaq, firms post bid and ask prices on computer to determine the opening price.Added By: Lucas
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