I'm curious as to how stock prices of publicly traded stock rises/falls when the market is closed.
Ex, Case: NKT, Danish cable manufacturer is doing a stock emission, offering stock options to shareholders. The options have been send out during the weekend, after the market closed. Now, when the market opened today, the stock price had fallen from 430 dkk to 400 dkk, approx 7.5%. How is it, the reduction happens instantly when the market opens, and how come the Danish stock exchange reports a rise of a few percent today (Monday), when the stock is down from close Friday?
Thanks in advance👍🏻
Submitted June 12, 2023 at 08:02AM by Userrnaime https://ift.tt/khHv3i1
