When 1m and 500k blocks of shares are traded after hours,of a stock that averages 800k per day, how can they all be traded at the same price ($46.42) without some kind of "deal"?
NASDAQ is an automated exchange. after hours is largely limit orders due to reduced liquidity. enter an "all or nothing" limit at $X on both sides of the transaction and guess what might happen.not necessarily price fixing or collusion. maybe not even an exchange transaction. you and i can trade stocks in the mall food court if we want to.it only represents what it represents, since each transaction requires a buyer and a seller. somebody wanted out, and another someody wanted in.
Thank you. Now, if you can tell me who's in and who's out, would really help. LOL :)