Germany began observing daylight saving to conserve fuel during World War I. The U.S. went through a lot of back-and-forth regarding daylight saving. The practice was adopted in 1918, abolished for unpopularity after WWI and reinstated during WWII â at this time it was called War Time and took place year round.
After its stock traded below $1 for 30 consecutive days Molycorp (MCP) received a delisting notice from the NYSE on December 30, 2014. An average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month.
To avoid confusion, the central distributor of transaction prices for exchange-traded securities-the Consolidated Tape Association-implemented a system designed to make closing prices uniform. Under this system, the regular session closing price for stocks is the 4:00 p.m. price. Any trades that take place during after-hours trading sessions are tagged with the letter T on the consolidated tape and will not affect the regular session closing price or the regular session high and low prices. The Nasdaq Stock Market uses similar conventions.