What does it mean for a stock to go up one point?

Question

or ... my position increased a point. This is probably a technical term. What does it mean?

Is it one percent?

So, it is 1% if it is a share, thank you.

Answer 1

This is easier than everyone is making it out to be!

For instance, JC Penney's was up Tuesday by a point and a half from 84.00 to 85.50.

Hope this helps!

Answer 2

For a stock to rise one point means it has increased in value by one dollar, that's all there is to it as far as the average person goes. There's a lot of different things it means to the company, Wall Street, and banks, but all that is meaningless to the average person who has bought shares of stock.

So if you bought 100 shares of a stock at $1 per share, and it rose one point, you now have 100 shares of stock worth $2 per share. Congratulations, you doubled your money!

Answer 3

Mathematically the "point" in stock issues is terribly vague. Most likely when a person refers to his stock as having gone up a point I would think he's saying that the stock price rose a dollar per share.

I THINK the term comes from back when issues/shares were generally priced in 1/8ths of a dollar (instead of cents) and back then prices varied by eighths of a POINT.

Answer 4

it means a share