How does after-hours trading affect the price volatility of GME stock in the cryptocurrency industry?
just_meowing_manMay 05, 2022 · 3 years ago1 answers
What is the impact of after-hours trading on the price volatility of GME stock in the cryptocurrency industry? Does the trading activity during non-market hours significantly affect the price movements of GME stock in the cryptocurrency market?
1 answers
- May 05, 2022 · 3 years agoAfter-hours trading can have an impact on the price volatility of GME stock in the cryptocurrency industry, but it's important to note that GME stock is not a cryptocurrency. GME stock represents shares of GameStop Corporation, a traditional retail company. While the cryptocurrency industry may have its own price volatility dynamics, the impact of after-hours trading on GME stock would be more aligned with the dynamics of the traditional stock market. That being said, after-hours trading can still contribute to price volatility by allowing traders to react to news and events that occur outside of regular trading hours. It's also worth mentioning that after-hours trading is generally less regulated and can involve higher risks, so investors should exercise caution and consider the potential impact on price volatility when trading GME stock during non-market hours.
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