High Close

DEFINITION of 'High Close'

A tactic used by stock manipulators; they make small trades at high prices during the final minutes of trading to give the impression that the stock did very well.

BREAKING DOWN 'High Close'

Since the closing prices are widely quoted, stock manipulators hope to create a buzz on a particular stock in order to attract investors to the it.

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RELATED FAQS
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    Learn how authors of a 2012 study say they found evidence of manipulation of stocks by hedge funds on the last trading day ... Read Answer >>
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    Learn why companies sometimes manipulate overhead costs to boost the appearance of overall profitability, and other reasons ... Read Answer >>
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    Many individual investors have had the experience of closing their position in a stock only to see the price rebound moments ... Read Answer >>
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    Learn more about penny and blue-chip stocks, why it may be a bad idea to invest in penny stocks and why blue-chip stocks ... Read Answer >>
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    Stock volatility refers to a drastic decrease or increase in value experienced by a given stock within a given period. There ... Read Answer >>
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