Is 'pre market' of any value to investors?I found the below article which I found interesting - all 3 stocks below failed to hit their pre market highs
(see below in RED to see the actual end of day share value) Personally - I think that generally speaking, the premarket and after hours are of limited value and I wouldnt make any share purchase based on them.
"Is pre-market trading a good indicator?
Premarket indicators can be deceiving. Stock prices may drop abruptly at the opening bell, even if they appear to be climbing during pre-market trade. Because there are fewer trades in premarket trading, it may be difficult to identify a buyer or seller. This makes it harder to execute deals and determine prices."
The NASDAQ 100 Pre-Market Indicator is up 78.84 to 15,579.91. The total Pre-Market volume is currently 39,896,540 shares traded. The following are the most active stocks for the pre-market session: Tilray Brands, Inc. (TLRY) is +0.17 at $3.13, with 1,919,673 shares traded. TLRY's current last sale is 131.79% of the target price of $2.375. TILRAY'S SHARE PRICE ENDED UP AT $2.99, NOT CLOSE TO $3.13 note - THE TARGET PRICE OF $ 2.375 - A BIT OF DOWN SIDE COMING? ProShares UltraPro Short QQQ (SQQQ) is -0.12 at $17.59, with 1,511,092 shares traded. This represents a 7.39% increase from its 52 Week Low. SQQQ ENDED UP AT $17.77 - UP FOR THE DAY, NOT DOWN. ProShares UltraPro QQQ (TQQQ) is +0.26 at $42.70, with 1,266,686 shares traded. This represents a 165.22% increase from its 52 Week Low. TQQQ ENDED UP AT $42.29, DOWN .AT CENTS NOT UP .26 AS SHOWN ON PRE MARKET