I have a project at school and we 'got' $1,000 and we had to buy a certain number of shares. I bought Microsoft and I had 35 shares.I can't figure out if my stock went up or down. Thre are 2 down arrows and one up arrow.....help?!
here's the link:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=MSFT&sid=0&o_symb=MSFT&freq=1&show=true&time=8
please check and help!
2007-03-10 04:14:59 · 8 answers · asked by adari94 2 in Business & Finance ➔ Investing
Over the course of the trading day (9.30am-4pm) the stock went down 4 cents per share. Some people can trade after hours and the last trade was a penny higher than than its closing price. That is what the up arrow of 0.01 indicates. For the purposes of your exercise, you are interested in the closing price which, according to the link you gave, is $27.28. You might want to look into this a bit more and bring it up when you discuss this project in class. I am sure you are not the only one to wonder about this.
2007-03-10 04:23:10 · answer #1 · answered by skip 6 · 0⤊ 0⤋
You lost 4 cents per share yesterday. Unfortunately, you've picked a dog. Microsoft should never have broken down below $28 on the current reaction.
You're about 20 years too late for the big move in Microsoft. In fact, a break below $20 will take it into the abyss.
2007-03-10 12:25:33 · answer #2 · answered by AZ123 4 · 0⤊ 0⤋
You need to look at the price you got "filled" at on your purchase. Then you need to look at the "bid and ask" of what they are selling for today. The bid is the price you could sell yours for now and the ask is the price you can buy more for now if you wanted to. Therefore, by comparing your purchase price with the current bid you can determine if you are currently profitable. Yahoo or any good finance website can give you the current bid and ask. You also have to factor in your commissions but I don't know if your school project considers those.
2007-03-10 12:33:29 · answer #3 · answered by Viking Brethren 2 · 0⤊ 0⤋
Based on the link you provided, it sounds like you're asking whether your stock, Microsoft, went up or down yesterday. I can understand why you were confused because the stock was down $0.04 per share during normal trading hours, but it was up $0.01 per share during after-hours trading. Thus, the answer to your question is that the stock went down in price yesterday, but the amount will be determined by whether your teacher wants you to use the "final" price (i.e., down $0.03/share), including the effect of after-hours trading, or whether he/she prefers you to use the price at the close of regular trading (down $0.04/share). I would guess that you should ignore the after-hours activity, and use the price quoted at the close of regular trading.
I hope that helps!
2007-03-10 12:32:38 · answer #4 · answered by Michelle O 1 · 0⤊ 0⤋
OK the stock is up I cent the 52 week range is 21 to 31. Which means it was a low as 21.45 and as high As 31 ..it is now 27.29 up 1 cent from the day before.
2007-03-10 17:01:35 · answer #5 · answered by ? 6 · 0⤊ 0⤋
It went down a tad yesterday. The "up" number is for after-hours trading. But in order to know if YOU made money or not, you simply need to know at what price you bought your shares for and compare that to what the price is today.
2007-03-10 12:22:35 · answer #6 · answered by LongArm 3 · 0⤊ 0⤋
http://finance.yahoo.com/q?s=msft
Easier to understand
Your stock went down 3 cents a share yesterday.
The confusion comes when you start looking at the afterhours trading that goes on.
2007-03-10 12:21:16 · answer #7 · answered by zaphodsclone 7 · 0⤊ 0⤋
multiply 35 by today's price and then see if it is lower or higher than 1000.
2007-03-10 12:23:38 · answer #8 · answered by Anonymous · 0⤊ 0⤋