What are Stock Quotes?
Stock quotes refer to the prices of publicly traded stocks on a stock exchange. They provide a snapshot of the current market value of a particular company's shares.
Types of Stock Quotes
There are several types of stock quotes, including:
- Bid-Ask Spread: The difference between the highest bid price and the lowest ask price.
- Bid-Open Spread: The difference between the highest bid price at opening and the highest bid price at closing.
- Closing Price: The last recorded price of a stock before market close.
How to Use Stock Quotes
Stock quotes can be used for various purposes, including:
- Investment Research: Analyzing stock prices to make informed investment decisions.
- Market Monitoring: Tracking changes in market trends and prices.
- Financial Planning: Using stock quotes to set financial goals and create budgets.