How to read stock quotes?

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10th Nov 2009 by JonB

To the uninitiated, all those numbers scrolling across the bottom of your TV screen can seem confusing and arcane. They all follow a basic formula though. The first things you want to learn is a company's symbols. To save time and space, each stock trades under a couple letters called a symbol that are usually derivative in some way of the company's actual name. For example, Apple Inc. trades as AAPL, Google trades as GOOG etc. The next thing you will see may look like this 1000 @$3.50. This means that 1000 shares just traded at a price of $3.50 a share. You will then see a red or green arrow followed by a another number. A green arrow indicates that the stock is trading higher than it closed at yesterday, a red arrow indicates that the stock is trading lower than it closed at yesterday, the number follow is how the amount it is trading above or below the previous day's close.

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10th Nov 2009 In Stocks 1 Answers | 1870 Views
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