What is a 'Stock Quote'

A stock quote is the price of a stock as quoted on an exchange. A basic quote for a specific stock provides information, such as its bid and ask price, last-traded price and volume traded. Investors increasingly access stock quotes online or on mobile devices, such as smartphones, rather than through print media such as newspapers and magazines. A large number of Internet portals and websites offer delayed stock quotes at no charge, with real-time stock quotes generally restricted to paying subscribers.

BREAKING DOWN 'Stock Quote'

All stocks in the U.S. have been quoted in decimals, rather than fractions, since April 9, 2001. As a result, bid-ask spreads have contracted dramatically, with spreads for the most widely traded stocks now as small as a penny, compared with 1/16th of a dollar (or $0.0625) earlier. Decimal pricing has resulted in substantial savings on transaction costs to U.S. investors because of tighter bid-ask spreads.

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RELATED FAQS
  1. What types of stocks have a small difference between bid and ask prices?

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  4. What are the determinants of a stock's bid-ask spread?

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