ARTICLE SYNOPSIS ...What You Need To Know About Gaps by Joe Luisi and Jayanthi Gopalakrishnan Have you ever wondered what gaps are and why they occur? Here are the various types, examples - and an answer. Ever had an open position at the close one day, only to find that a significant change in price had occurred when the market opened the following trading day? These changes in price are referred to as gaps and are the result of some action that took place between the close and the next day's open. With the advent of 24-hour trading and extended-hours trading, it is not unusual to come across significant chang...