Re:They say that stocks go down during the day and up at night
by dkrich on Tuesday February 07, 2023 @03:45AM
(#34690312)
No, it’s definitely not normal although I don’t have figures on what the average hold time is for any given issue. Since a lot of stock is purchased as automatic 401k contributions a lot of stock is held for many years. I believe this article is just using this to illustrate an unusual price pattern that emerged for some time where stocks opened higher than the close for a significant number of days over this timeframe.
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