What’s the ‘need’ for the stock prices to change every minute?
In: Economics
The stock market is a haggle market. Buyers want to pay some low price. Sellers want some high price. Each individual is willing to pay a different price. One buyer wants to buy for $5.00. another one wants it more for $5.10. another wants it less for $4.80. etc. Each buyer has a different tolerance for the price of the stock. Same for seller side. If a buyer price meets a seller’s price, then a sale is made. The price at which that sale occurred is now the new price of the stock.
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