What is the Ask Price?
The ask price and the bid price are listed together so investors can determine
Hi, I'm Russell Bailyn, a Financial Advisor in New York City, for About.com. Today we're going to discuss what is an ask price?The ask price is what a seller will accept for the sale of their stock or bond. The ask price is often quoted along with the bid, which is the highest price which a buyer is willing to pay for that same stock or bond. You can think of an ask price as similar to a price tag on an item at a yard sale. The item may be marked $10, but if you offer $9, the transaction may still happen. With stocks, investors will most often find the ask price quoted along with the bid price so they have a good idea of the price range in which they can expect to buy or sell that specific stock. Thank you for watching. To learn more, please visit About.com.