My son opened an account with an online Broker (like E-Trade). He
bought a stock yesterday and when he hit RETURN to make the buy the
stock was at $27.36 after opening earlier at $27.51. Following his Buy
the stock dropped.
So, a while later the online Broker confirms the Buy and the price is
$27.45.
How come?
He ended up with a price that was higher than it was when he conformed
and higher than the stock went throughout the rest of the session.
Is this common?