I might be poorly observing the status quo on these kinds of announcements, but why does it seem like they always happen right as the stock market closes (to me)?
So many tech stocks I follow will have good or bad news at the very end of the day, where the stock price is obviously going to impacted in a specific direction, but I can't act on it because the market is closed. The large price fluctuations happen in after hours trading and, by the time the market opens (to me) the next day, the price is already way up or way down.
How does that work? As a normal person without a ton of money, is there a way I can trade stocks after market close so I can capitalize on obvious situations like this one?
Edit: It's after market close they make the announcements [1].
> Meta Platforms, Inc. Class A Common Stock is expected* to report earnings on 02/01/2024 after market close.
So many tech stocks I follow will have good or bad news at the very end of the day, where the stock price is obviously going to impacted in a specific direction, but I can't act on it because the market is closed. The large price fluctuations happen in after hours trading and, by the time the market opens (to me) the next day, the price is already way up or way down.
How does that work? As a normal person without a ton of money, is there a way I can trade stocks after market close so I can capitalize on obvious situations like this one?
Edit: It's after market close they make the announcements [1].
> Meta Platforms, Inc. Class A Common Stock is expected* to report earnings on 02/01/2024 after market close.
1. https://www.nasdaq.com/market-activity/stocks/meta/earnings