What does this news alert mean regarding a stock?

Discussion in 'Stocks' started by NoDoji, Sep 19, 2008.

  1. NoDoji


    What does it mean when you see those DowJones newswire alerts scroll by that say: Company Name (Ticker Symbol) Ind: 38.0-42.0 Last 36.50?


    Massey Energy (MEE) Ind: 38.0-42.0 Last 36.50

    Is it indicating a price range of standing orders as compared to the last price?
  2. Arnie


    Its an indication of the opening price. They (the specialist) advertise these to tighten the bid/ask, so I was told.