Topic: How To Invest

I am confused: When it is said that a stock has moved up (or down) “one point,” what is the actual dollar or cent amount that the price of the equity has moved? Could you give me an example? Thanks.

Article Excerpt

A point is a $1 price change in a common stock’s value. So, for example, if a stock is up two points, then it has gone up $2. Note that a one-point rise entails a different percentage increase for stocks that are trading at different prices. For example, when a $5 stock rises by $1, it rises by one point, but also by 20%. If a $20 stock rises by $1, it rises by one point, as well, but the share price rises by 5%. 5%. …