.I've often wondered why the Stock markets on weekends and holidays freeze,(NAV doesn't move) when many of these corporations are open and operating, making their biggest profits during these time periods?


2 Answers

Maurice Korvo Profile
Maurice Korvo answered

The NAV does not change on weekends as the stock market is closed. No body buying or selling, thus the price of stocks does not change. 

PJ Stein Profile
PJ Stein answered

Most of the headquarters for the major corporations are closed on weekends and holidays. That is where the money making decisions are made.

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Lenny Simon
Lenny Simon commented
I already know the headquarters for the major corporations are closed on weekends/holidays and when money making decisions are made!! There's still profits or losses that occur those days,(sometimes even more than on a normal weekday) yet the NAV doesn't move???Why???
PJ Stein
PJ Stein commented
Because those companies and the traders don't work those days. People are allowed to have personal lives.

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