Eli5: How is the exact price of a stock calculated?

Question

I get what causes a stock’s value to rise and fall in general but I don’t get where the exact numerical price of the stock comes from

In: 11

Answer 1

The “price” of the stock, what you see it valued at currently, is from the last executed order between a seller and a buyer of that stock. So if I put an order to sell a stock at $100.01 and you buy it at $100.01 then the new stock price is $100.01 until the next order executes.