Pre market trading strategies: what do you need to know?

Prior to regular trading, pre market trading takes place. Pre market trades are carried out between 8:00 a.m. and 9:30 a.m. EST. Trading and investing activity before regular trading sessions are closely monitored to gauge market strength and direction.

A system of after-hours trading existed before premarket trading. Over time, as the Internet grew, the New York Stock Exchange kept extending its trading hours to allow pre market trading in the morning.


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Taking a look at the pre market

Low volumes and low liquidity are characteristic of pre market trading, resulting in wide bid-ask spreads. Almost all retail brokers offer premarket trading, but they usually only accept specific orders. Pre-market trading typically begins at 4:00 a.m. Monday through Friday.

Most stocks have less activity in the pre market when there is no big news to report. This is when stocks are usually very liquid.

GameStop Corp. (GME) shares were rising 17.37% to trade at $153.79 in pre-market at the last check. GME’s stock gained 1.28% to close Thursday’s session at $131.03. The stock volume remained 6.05 million shares, which was higher than the average daily volume of 2.61 million shares within the past 50 days. GME shares have risen by 624.72% over the last 12 months, and they have moved down by -15.64% in the past week. Over the past three months, the stock has lost -23.87%, while over the past six months, it has shed -31.48%. Further, the company has a current market of $10.49 billion and its outstanding shares stood at 75.90 million.

Absci Corporation (ABSI) shares have gained 34.69% at $8.27 in Friday’s premarket session. Absci Corporation’s stock subtracted -12.78% to finish last trading session at $6.14. The stock recorded a trading volume of 0.63 million shares, which is below the average daily trading volume published for the last 50 days. The shares of Absci Corporation have retreated -28.60% in the last five days; however, they have lost -44.23% over the last one month. The stock price has shed -42.94% over the last three months and has lost -25.12 percent so far this year. Additionally, it has a price to sales ratio stands at 109.71.

At last check in pre-market trading, shares of Marin Software Incorporated (MRIN) were up 22.32% at $4.22. MRIN’s stock closed last session at $3.45, increasing 2.07% or $0.07. Shares of the company fluctuated between $3.2819 and $3.5893 throughout the day. The number of shares exchanged was 5.41 million, greater than the company’s 50-day daily volume of 1.2 million and higher than its Year to date volume of 1.64 million. In the past 12 months, the company’s stock has advanced 68.70%, and in the last week, the stock has moved down to -11.54%. For the last six months, the stock has lost a total of -80.13%, and over the last three months, the stock has decreased by -57.41%. The stock has returned -7.01% so far this year.

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