Stupid question, how can it actually be that the share is already so low at the opening of the stock exchange? Are these automatic orders that are executed?
@YannickSch These are all orders that were placed before the opening. When it was clear that Dortmund would no longer be champion, many then probably made their sell orders in the hope of catching a halfway good price.
@YannickSch In such a case, the prices are made by the buy side. Since there is massive selling pressure at the opening and no one wants to buy at that price, the price falls until it is absorbed by limit orders from the opposite side. No seller is likely to have received a "good" price.
