Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label Dow dips. Show all posts
Showing posts with label Dow dips. Show all posts

Wednesdays early afternoon trade: Dow dips on report of IBMs bid

The Dow industrials slipped and the S&P 500 was up slightly on Wednesday as news that International Business Machines Corp was in talks to buy Sun Microsystems pulled IBMs stock lower, more than offsetting a rise in financials. But the Nasdaq rose as investors snapped up shares of technology bellwethers, including Apple, which rose above $100 for the first time since early February.

Thursday, March 19, 2009

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