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Quote is a summary of a security's latest
trading information. It typically includes the last traded price (or
"last"), the bid price, the ask price, and the trading
volume for the day. The bid price is the highest price a buyer is willing to pay for a stock at that moment, while the ask price is the lowest price a seller is willing to accept for that same stock. The difference between the bid and ask prices is known as the "spread," which represents the cost of trading a stock. Quotes can be found on many financial websites, as well as on trading platforms and mobile apps. However, it's important to note that quotes are often delayed by 15-30 minutes on free websites, while real-time quotes typically require a monthly subscription or payment. Quotes can be used by traders and investors to track a security's performance and make informed decisions about buying or selling that security. They can also be used to monitor the broader market and track trends in specific sectors or industries. |
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