A stock price opened up the day selling at $85/share. By the end of the day, the stock had tanked down to just $54/share. Find the percent change rounded to the nearest percent.
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Step-by-step explanation:
How to Calculate Percentage Increase of a Stock Value
By: Steven Melendez | Reviewed by: Ashley Donohoe, MBA | Updated April 25, 2019
If you want to see how much a stock has gone up over time, you can often just compare the two share prices to find the dollar change over time. Often, though, you'll want to compare what your rate of return would have been if you invested a certain amount of money in one stock rather than another, in which case you'll want to use the percentage gain formula to see what you would have made on each security. Also remember to adjust price quotes to take into account stock splits and other corporate events.
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