Question

Half-Foods, Inc.'s stock closed at 8.367 today. Yesterday's closing price was 8.765. How much did the price of stock drop?

.02

.132

.398

.16

Answer 1

Stocks price gain or loss/drop  = today's stock closing price - yesterday's stock closing price
                     
where:
todays closing price = 8.367
yestedays closing price = 8.765
                     
 Stocks price loss/drop  = - 0.398
A negative answer means drop or loss, therefore, Half foods Inc has a 0.398 drop in stock price.