In the context of common stock, what does the term 'Close' refer to?

The term 'Close' in the context of common stock refers to the ending price of the stock for a specific trading session. It is the final price at which shares are bought and sold on the stock market at the end of the trading day. This closing price is significant because it is often used as a benchmark for evaluating stock performance, comparing it to previous closing prices, and for analyzing market trends. Investors and analysts look at this price to understand the stock's performance over time and make informed decisions regarding buying or selling.

Understanding the closing price is crucial, as it reflects the consensus valuation of the stock by market participants at the end of the trading day, incorporating all available information at that time. The other terms, such as highest, average, and lowest prices, represent different aspects of a stock's trading range and don't specifically indicate the value at the close of the trading session.