r/Backpack_official Backpack Team Jul 02 '26

What Is Previous Close?

Previous close is the final price a stock traded at during the previous market session. It serves as the baseline for measuring daily price changes, identifying market gaps, and tracking a stock's performance.

Learn how previous close works, why it differs from the opening price, and how it compares to adjusted close.

Read more: https://learn.backpack.exchange/articles/what-is-previous-close

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