No Quote

  

The financial equivalent of a shrug emoji, a no quote indicates that a security doesn't have sufficient bids and asks to provide a meaningful price. It can mean the security (the stock or bond or whatever) isn't actually trading, meaning that it has become inactive for one reason or another.

Or it can point to a lack of liquidity for the security. There just isn't enough interest on both the buy and sell sides to figure out a price.

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