Never use market orders in . A market order on a thin regional bank stock could execute at a price 5% higher than the last trade. Always use limit orders, and consider setting them slightly above the ask to ensure execution without overpaying.
In the hours between 8:00 PM and 4:00 AM, international markets (London, Tokyo) will react to the US financial news. If European banks sell off overnight, your US bank stock will gap down at the pre-market open, regardless of where it closed after hours. FNIA After Hours
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Financial institutions often release supplementary documents (8-K filings or 10-Qs) 15 minutes after the initial earnings release. Retail traders who react to the headline EPS number at 4:05 PM may get trapped when the detailed cash flow statement at 4:20 PM reveals hidden risks, such as declining net interest margins. In the hours between 8:00 PM and 4:00
March 2023 (Regional Banking Crisis)