Question

Read the following stock quote. How much is this stock worth?

Wal-Mart Stores, Inc. (NYSE:WMT) 56.14 0.72 (1.30 percent) 10:42AM ET
A. $0.72
B.. $10.42
C . $56.14
D. $14

Answer 1

Answer: The correct answer is choice c - $56.14

Explanation: The stock quote contains different information about Wal-Mart Stores. Below is an explanation of each of the pieces:

NYSE:WMT - trades on the New York Stock Exchange with the ticker symbol WMT

$56.14 - The most recent trade was for $56.14 per share

0.72 (1.30 percent) - The trade was .72, or 1.3%, higher than the previous trade

10:42AM ET - This is the time that the most recent trade occurred

The most recent trade was for $56.14, which means that is how much the stock is worth.