Closing Price (Noun)
Meaning
(stock market) the price of the last transaction completed during a day's trading session.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The closing price of the stock was $50.25, down from the previous day's close of $52.10.
- Analysts closely watched the closing price of the company's shares after the earnings announcement.
- The closing price of the index fund was used to calculate the net asset value of the fund.
- The investor checked the closing price of the stock on her phone before making a decision to buy or sell.
- The financial news website reported the closing price of the major stock market indices at the end of each trading day.