Pre-Market

Before the market opens. The major markets in the U.S. close at 4 pm New York time and open at 9:30 am New York time. But lots of news comes out before 9:30. Some was from the previous day, but it all gets digested in that time in-between.

TV pundits pre-market price indications for stocks all the time when a company has missed badly or blown out a quarter, and its stock is moving like a just-punctured helium balloon. For better or worse, often pre-market indications are not, in fact, where the stock actually runs. The lean in pre-market opens is usually "nervous and fearful" rather than "greedy." So...the same as most Wall Streeters when on a first date.