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Question about how much aftermarket stock prices affect the next day stock prices?
If i am looking to enter a stock at say around 10 dollars of asking price, but the after market price soars to 10.5 should i raise my buy limit? Should i just keep my buy limit around what the asking price was at the close of the market today? Do sellers normally show back up enough to counter the surge in aftermarket activity?
2 Answers
- jebediabartlettLv 61 decade agoFavorite Answer
Unless it's an earnings report or substantial " breaking news" that causes the price rise....you can surely wait. Afterhours trading is a poor indication of next day or next week's prices.
- Anonymous1 decade ago
After hours trading rarely carries through to the next day. In my opinion you would do better to place a market order when the pps falls to your buy level.