Question

What scenarios can you imagine that might prompt someone to submit a market order on a certain stock?

Answer 1

So, when were talking about a market order, we are talking about buying or selling an order to immediately at current market prices. So, we might want to imagine a scenario when the current market prices drop. However, we would always, in any scenario prioritize certainty of execution over the price of execution. The order is filled at the best price available at the relevant time.