If a stock lost 2/8 for the day, what would the price per share decrease to?

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2007-01-21 02:36:39 · 2 answers · asked by rhpeach3 2 in Business & Finance ➔ Investing

It depends on the price that the stock was selling for at the start of the day.

2007-01-24 10:45:52 · answer #1 · answered by ckm1956 7 · 0⤊ 0⤋

2/8 ths is the same as 1/4 th. 1/4 of a point would equal 25 US cents. Or do you mean a 1/4 (25%) drop in the share price?

2007-01-21 10:41:32 · answer #2 · answered by gosh137 6 · 0⤊ 0⤋