There's a few stocks that I've been following where I've noticed afterhours has had much higher trading prices compared to the normal hours. I'm talking spikes of 4-5% higher in afterhours whereas it's been relatively flat during normal hours. I've been noticing this pattern for the past week and I'm wondering if this is an indication of anything? I understand trading after hours has significantly lower volume and thus there can be higher volatility spikes in the prices. But in this case, I've only seen the price spikes be a lot higher and never lower. Why would anyone buy shares afterhours at a 5% premium when they could have paid a lot less during normal hours? And why would this be happening consistently over the last week?
Could this be an indication of the price trending higher?
Leave a Reply