TeachMeFinance.com - explain Close prices
Close prices -- Prices near together. For instance, a bid
and asked price is close when separated by only a small fraction,
as 100 bid and 100.10 asked. Again, the term applies to
a stock or a commodity in which the fluctuations in the
price are small or narrow.
In mercantile dealings a close price is one very near to cost
one that allows of only a minimum profit.
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