A point is a dollar. So if your stock went up 1 point, it is now priced at $1 more than it was.
You make a good point, though, that it is more important to know what percentage that represents. A $1 increase on a $10/share stock is much different than a $1 increase on a $90/share stock.
__________________
Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
|