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how is the price of a stock determined? [duplicate]
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the market price of a stock is based on nothing at all more than what two parties were last willing to transact for it. the stock has a "bid" and an "ask" each is the value placed by a counterparty. for the sale to occur, one party must meet the other. the stock transacts and that is the price. for a stock to "go up" people must be willing to pay more for it. likewise, for it to "go down" people must be willing to accept less for it.
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