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That's an entirely new concept to me. Where does this happen outside the stock market?
plane tickets,hotels,online stores, almost everywhere where prices can be controlled automatically
Okay, interesting. I don't fly, I don't book hotel rooms, but I do buy stuff online and I haven't seen this ever. Weird.
You may not be aware of that, but based on your location (eg. Germany), some stores can charge you more. When some stores record higher demand for a product, they can drastically increase the price within minutes. You may be not aware of that, but under the hood this stuff happens quite often. It drives me crazy when buying last minute ticket/hotel cost fortune ...
Isn't this minimized by using something like geizhals and idealo? You can see the price history there. It happened sometimes that I added a product to my wishlist and after a few days it was 20-30€ cheaper on Amazon. If I want to buy something, I usually add it to a wishlist and wait around 1 week to see how the price changes. If it goes down a lot, I jump on it.
That is a smart strategy, I will use that
You’re not really supposed to notice, but it definitely happens. Biggest offender for normal retail stuff is Amazon. Put an Amazon url into a price tracker like camelcamelcamel and you’ll see a huge amount of variation for most products.
I'm aware that prices can vary from day to day, but wild changes up and down within minutes is news to me.
Check the price of something, like airline travel, turn on incognito mode in your browser and do it again, now turn on a VPN, switch your location to some place like the US and check the prices again.
They'll likely be different all three times, especially if you had been looking at airline prices for a while.
Happens at gas stations. Prices will be higher in wealthier areas. I drive for a delivery service so I see it all the time. Even within the same company's gas stations.