Question

Yesterday, stock in Chambers Translation sold for $87.19 per share. Today, the same share costs $95.45. How would the net change appear in a stock listing? a. 1.09 b. -1.09 c. 8.26 d. -8.26

Answer 1

Net change = Current session closing price - Prior session closing price

Therefore the answer is 8.26

Answer 2

Option c. 8.26

Explanation:

Stock sold per share yesterday = $87.19

Stock sold per share today = $95.45

Net change = Stock sold per share today - Stock sold per share yesterday

= 95.45 - 87.19

= 8.26