You purchased 100 shares of Quantex at $150 per share for a total investment of $15,000- After your purchase the stock had a 3 for 1 split- How many shares do you now own and how much is your original investment now worth?

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What is a a stock?

A stock represents an ownership stake in a company as a common shareholder.

Common stocks allow shareholders to vote on company issues, with most companies granting one vote per share.

Some companies also offer stockholders dividend payouts, giving investors a stream of income on top of the market value of the stock.
 


You purchased 100 shares of Quantex at $150 per share for a total investment of $15,000- After your purchase the stock had a 3 for 1 split- How many shares do you now own and how much is your original investment now worth?






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