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7 November, 19:32

Ryan buys shares of Tesla at $885 on Monday. On Thursday, the stock falls to $468, so he sells his shares. How much did he lose?

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Answers (2)
  1. 7 November, 19:37
    0
    417 dollars he lost
  2. 7 November, 19:52
    0
    417 dollars

    Step-by-step explanation:

    The amount he lost will be the difference between the buying price of the stock and the selling price.

    To find the difference, subtract what he bought the stock for and what he sold the stock for.

    buying price - selling price

    He bought the stock at $885 and he sold the stock at $468.

    $885 - $468

    Subtract 468 from 885

    $417

    He lost $417
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