After hours in the stock market?

Question

I want to know if the after hours movement of a stock affects the opening price of the stock the next day??? E.g. If xom closes day trading a7 $78, and at the after hours the price of the stock falls to $75, will it open the next day at $75 or close? or does it have no influence at all?

Thanx for your response

Answer 1

It depends what happens overnight and pre-market.  But don't put too much emphasis on extended hours trading, which can be very light at times (one person anxious to buy or sell can throw that off).

I don't trade that often.  Early on I got shaken out pre-market when the price appeared to be gapping down.  Then it rose back up during regular market hours.

But after some experience I bought stock when I noticed a short squeeze happening and sold it pre-market the next day for a quick 7%.  It quickly dropped back from there when the regular markets opened.

Answer 2

Yes after hours trading effects the price as does premarket trading.

Answer 3

Yes.

What happens 'after hours' does have influence on the next day's opening price.