The trading session that happens before the official stock market opens. It lets traders react early to news or earnings, but trading volume is usually lower and prices can be more volatile.
A type of stock that pays fixed dividends and has priority over common stock when it comes to payouts or bankruptcy claims. However, preferred shareholders usually don’t have voting rights in the company.
A valuation metric comparing a company’s market price to its book value. It is one of the ways of showing whether a stock is undervalued or overvalued.
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