High price

Definition:

The highest closing price of a stock over the past 52 weeks, adjusted for any stock splits, or the highest intraday price of a stock in the most recent (or current) trading session.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Perfect hedge

A situation in which the profit and loss from the underlying asset and the hedge position are equal.

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