Math Problem Statement

What was the previous day's closing price for each stock?

Solution

The image you uploaded contains information about stock prices and symbols, and it seems that you need help calculating the previous day's closing prices for each stock. Here's how you can interpret the data and the question:

  • HD (Home Depot): The change is given as 32.3M at $126.26 with an increase of $1.13.
  • S (Sprint): The change is given as 1.1K at $3.33 with an increase of $0.78.
  • VZ (Verizon): The change is 3.32K at $51.02 with an increase of $2.27.
  • XOM (ExxonMobil): The change is 6.6K at $81.75 with a decrease of $1.58.

To find the previous day's closing price for each stock, you'll subtract the change from the current price (for increases) or add the change to the current price (for decreases).

Let me calculate these for you:

  1. HD: $126.26 - $1.13 = $125.13
  2. S: $3.33 - $0.78 = $2.55
  3. VZ: $51.02 - $2.27 = $48.75
  4. XOM: $81.75 + $1.58 = $83.33

These are the previous day's closing prices for each stock:

  • HD: $125.13
  • S: $2.55
  • VZ: $48.75
  • XOM: $83.33

Let me know if you'd like further details or explanations!

Follow-up questions:

  1. How do stock price changes impact overall market behavior?
  2. Can the percentage change in stock price be calculated from the figures above?
  3. How can we predict future stock price trends using historical data?
  4. What does "M" and "K" represent in stock price movements?
  5. How does market volume (like "3.2K") affect stock prices?

Tip: When calculating stock price changes, always check if the value is an increase or decrease to ensure the correct direction in the formula!

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Math Problem Analysis

Mathematical Concepts

Subtraction
Addition
Stock Price Calculations

Formulas

Previous closing price = Current price - Change (if increase)
Previous closing price = Current price + Change (if decrease)

Theorems

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Suitable Grade Level

Grades 9-11