Anonymous asked in Business & FinanceInvesting · 4 weeks ago

why was their a stock sell off RIGHT at the time of the closing bell and continuing after hours? were reports at the last minute of trading?

i mean , right at the last minute of trading the Dow, Nasdaq and the S & P 500 fell over 2 percent ...why? was there earning reports at the very end or why they waited till the very last minute?

1 Answer

  • kswck2
    Lv 7
    4 weeks ago
    Favorite Answer

    For the same reason in horse racing, you place your bet as close to post time as possible-to get the best price. 

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