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Google Shares Spike 6% After ‘Alphabet’ Restructuring

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Re: Google Shares Spike 6% After ‘Alphabet’ Restructuring

#4

So? It's after hours trading. Its silly to pretend that it's a real 6 percent boost. Let's see the price tomorrow. Thats when you can say this is a legitimate spike.

And regardless, even if there is an impressive increase in regular trading, I don't see why that's surprising... this would appear, at least on the surface (which is what Wall Street reacts to when you consider the scale of a day), to be a good move.

Re: Google Shares Spike 6% After ‘Alphabet’ Restructuring

#6

So? It's after hours trading. Its silly to pretend that it's a real 6 percent boost. Let's see the price tomorrow. Thats when you can say this is a legitimate spike.

Yes. The relatively small trading volume is meaningless.

Are there any studies on after-hours movement vs gap return?

Re: Google Shares Spike 6% After ‘Alphabet’ Restructuring

#9
post #6

So? It's after hours trading. Its silly to pretend that it's a real 6 percent boost. Let's see the price tomorrow. Thats when you can say this is a legitimate spike.

Yes. The relatively small trading volume is meaningless. Are there any studies on after-hours movement vs gap return?

I wouldn't call it meaningless but it's absolutely different than a spike during the trading day. Nasdaq shows 315k shares having traded AH, about 17% of what traded during the normal session.

I've seen gap-fill studies on big moves in general but never one specific to AH moves.

Re: Google Shares Spike 6% After ‘Alphabet’ Restructuring

#10
post #7

So? It's after hours trading. Its silly to pretend that it's a real 6 percent boost. Let's see the price tomorrow. Thats when you can say this is a legitimate spike.

I don't know much about stocks. Why is after hours different?

The volume for after-hours trading is significantly lower as there are fewer exchanges open. 4PM ET is deemed the traditional end of the day for trading.
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