Open Price

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Open Price

The first price of a security at the beginning of a trading day.
References in periodicals archive ?
Memory magazine: open prices for BigMAG 256GB/512GB/1TB/2TB
The increase between the offer price and the open price for newly issued IPOs still remains a matter of concern, although these increases are not nearly at the levels exhibited by IPOs in 1999, when, for example, Enel, VA Linux, and Sycamore Networks experienced increases between their offer prices and their open prices of 966.
The online auction process was developed in response to the substantial increases between IPOs' offer prices and their open prices at the peak of the dot-com era.
Consequently, from the perspective of the issuing company, the increase between the offer price and the open price represents "money left on the table.
This increase between the offer price and the open price is much greater than the increase for typical IPOs in 2004, as is evident in Table 2.
One of the principal advantages of the online auction process is supposed to be that the increase between the offer price and the open price of an IPO is minimized, which provides the issuer with greater value.