>>16608992>Somebody else broke it down one time, but it was so stupid that I immediately forgot it and kept on doing what I already do anyway.It is indeed stupid as fuck. The problem is multi-faceted. Let's look at an actual stonk.
>MSFT>$310.20 △ $5.40 △ 1.77%>Previous Close: $304.8>$5.40 / $304.8 * 100% = 1.77%No surprises.
Now let's look at rape. I mean Ui:
>ASK $23,597.72>BID $23,596.75>△ $12863.48 △ 54.51%that's what she shows on the market tab right now
>$10730.59 @ 9:03 AMthis is the final pre-adjustment value I am able to see by hovering over the graph. I'd rather not deal with any "noise" so I checked the activity tab
>9:05:01 AM UI SELL $10,734.16perfect. that's our "previous close"
>UI>$23,597.72 △ $12863.48 △ 54.51%>Previous Close: $10,734.16adding previous close
value RIGHT when the MARKET CLOSED before adjustment with the shown change
increase in dollar value basically gives us the current ASK price
>$10,734.16 + $12,863.48 = $23,597.64 ≅ $23,597.72so far so good. this makes sense, and is working as one would expect. let's just call $10,734.16 "$10,734.24" to eliminate any discrepancies because of those 8 cents someone ate, and revise:
>UI>$23,597.72 △ $12863.48 △ 54.51%>Previous Close: $10,734.24>$12,863.48 / $23,597.72 * 100 = 54.51%>54.51%honk, what the fuck....that's CHANGE / CURRENT ASK PRICE. which makes no fucking sense
>$12,863.48 / $10,734.24 * 100 = 119.84%this is CORRECT percent change for stocks in this case. CHANGE / PREVIOUS CLOSE. it should look like this FFS:
>UI>$23,597.72 △ $12863.48 △ 119.84%>Previous Close: $10,734.24