What is the definition of Volume in Stock market trading?

A Volume refers to the number of assets traded over any given period. Volume is very important when looking at price movements or volatility.


Example if AMZN has 500000 shares outstanding, out of that, only 1000 may be available for trade on a given day.  Therefore, 1000 shares are the volume of shares that traded hands for the day. 

Also, there may be 50000 shares available for sale, 

                                        200000 shares bought, these are also examples of stock volumes. 

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