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Reading a Stock Quote – You Buy at the Ask, Not the Last Price

Source: Money Crashers · Nov 04, 2026 22:50 UTC

The Quick Take

You buy at a stock quote’s ask, the lowest price a seller will take, and sell at its bid, the highest a buyer will pay. The gap between them costs you the moment you buy, and it’s usually widest on stocks that trade few shares. When it’s wide, use a limit order to set the most you’ll pay. Source

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