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AT the beginning of the day stock XYZ opened at $6.25. At the end of the day it closed at $5.95. What was the rate of change of stock XYZ
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AT the beginning of the day stock XYZ opened at $6.25. At the end of the day it closed at $5.95. What was the rate of change of stock XYZ

User Graham Robertson
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2 Answers

5 votes

Answer: -4.8%

Step-by-step explanation:

APEX

User Suman Bogati
by
5.0k points
3 votes

The stock went down 4.8%

Rate of Change of a stock is (New price - old price/ old price) *100

5.95-6.25 / 6.25 * 100

-.3/6.25 *100

-.048 *100 = -4.8%

User Fsbflavio
by
4.9k points
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