4 ms·
After hours trading statistics shouldn't be taken too seriously, because there are far less traders resulting in less liquidity/larger spreads. For all we know,
by zallarak 14y ago
After hours trading statistics shouldn't be taken too seriously, because there are far less traders resulting in less liquidity/larger spreads. For all we know, the -40% quote was triggered by a single trade [perhaps a panicked investor agreed to sell his shares at a 40% discount]. [http://en.wikipedia.org/wiki/Extended_hours_trading http://en.wikipedia.org/wiki/Extended_hours_trading]. For all we know, it might tank tomorrow, but it hasn't yet.
- elsewhen 14y agoAccording to nasdaq.com there were 5.9MM ZNGA shares traded in the after hours session: http://community.nasdaq.com/News/2012-07/after-hours-most-active-for-jul-25-2012-znga-qqq-lvs-vale-amln-bac-intc-wfm-eqm-aet-wm-dtv.aspx?storyid=158684 http://community.nasdaq.com/News/2012-07/after-hours-most-ac...