In the context of general equities, opening price that is substantially higher or lower than the previous day's closing price, usually because of some extraordinarily positive or negative news.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
An opening price for a security on an exchange that is significantly higher or lower than the closing price on the previous trading day. A gap opening almost always occurs if there was positive or negative news (or a rumor) overnight or during the weekend.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
The opening trade of a security in which the opening price shows a significant increase or decrease compared with that security's closing price of the previous day.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.