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In the world of finance, one important concept to understand is the daily price range. This refers to the difference between the highest and lowest price of a stock or other security during a single trading day. This can be a useful indicator of market volatility and can impact a trader's decision to buy or sell. It's important to keep an eye on the daily price range as it can provide valuable insights into market trends and potential risks. So, remember to always consider the daily price range when making financial decisions.