For example, if an unexpectedly high earnings report comes out after the market has closed for the day, a lot of buying interest will be generated overnight, leading to an imbalance between supply and demand. When the market opens the next morning, the stock price rises in response to the increased demand from buyers. If the stock price remains above the previous day's high throughout the day, then an up gap is formed.
Mr Travis : Love learning
Wellin9616 : big trading apps like Chase , Bank of america, td ameritrade have to learn from moomoo to much information to learn.
Mcsnacks H Tupack : $Icahn Enterprises (IEP.US)$ Icahn had to remove his personal loans from the stock. He was doing this to avoid taxes. The problem was he was issuing the shares being used for leverage to himself for free. So in layman's terms the investors were funding his salary, a salary that wasn't being taxed. So now he has 3 years to pay the government a billion dollars in back taxes. What do the investors get? Nothing of course. The government doesn't give a shit about your loss of money.