Why is Google’s stock priced at 129$ and Microsoft at 322$ for example?
In: 6
I know this is a dumb answer, but the price is whatever someone was willing to pay that day.
If lots of people want to buy, the price will rise. If lots want to sell, it will fall.
Don’t get hung up comparing prices of company stocks directly because two stocks may represent different things. If one company’s shares are 1/1000th of the company and another’s are 1/1000000th, you’d expect them to be priced differently.
Latest Answers