For my class. I'm stumped on reasons why the stocks did what they did. Any help me out? Thanks!
GENERAL ELECTRIC-- started off 34.85 on 9/15/06, and ended at 35.69 on 11/24/06. The lowest it went was 34.77 on 11/10/06. Highest it went was 36.25 on 11/17/06.
DIEBOLD--- started off at 41.97 on 9/15/06, and ended at 46.31 in 11/24/06. The lowest it went was 41.6 on 10/27/06. Highest it went was 46.51 on 11/10/06.
TIMKEN COMPANY-- 34.75 on 9/15/06, ended at 30.96 on 11/24/06. Lowest it went was 29.63 on 11/3/06. Highest it went was its starting price on 9/15/06.
MARATHON OIL CORP --- 73.21 on 9/15/06, ended at 91.29 on 11/24/06. Lowest it went was 71.2 on 9/22/06.
NOKIA--- 19.11 on 9/15. Ended 20.93 on 11/24/06. Lowest it went was 19.34 on 11/3/06. Highest it went was its price on 11/24/06.
NIKE-- 82.97 on 9/15/06. Ended 96.75 on 11/24/06. Lowest it went was its starting price on 9/15/06. Highest it went was its ended price on 11/24/06.
CC M
this looks complicated. stocks performance depends on the economy and how well the products are doing. It also depends on the customers and what's going on around the world.
ryanguy_yingyang2jin
they had stalks because people want to get money. So people get a stalk and if the company they put a stock on goes well they gain money in there stalk and they can take out the money whenever they want.
lowflyer1
Now here's a higher education question! It's anyone's guess most of the time what drives stock prices, and you have an interesting mix to deal with.
Most of what drives the market is emotion. Another factor are the market timers and day traders, simply buying and selling on the rise or fall of a few cents. Another factor is news releases by the individual companies, or earnings reports. If a company pays a dividend, some people will buy just before the ex-dividend date, and then sell after.
Marathon Oil will be reactive to the price of oil. Timken produces parts for the auto industry, which is obviously having some trying times. Diebold was in the news a lot because of the elections.
robertmcarthur48
Go to a stock web site and type in the codes for these stocks and read the report summaries and you'll find out why...for that number of stocks...figure on 50 plus pages of report reading.
Not a good question for yahoo answers...LOL
papabear098
Ok I am no expert but instead of asking all of us which is nice. Find you a stock broker and see if they can make time for you. Most will be glad to help you out. But it all comes down to 1. How is the economy doing? 2. The law of supply and demand. 3 The earnings and loss of profits through out the yr and every quarter of the yr. 4 Look at the time period that you are looking at. Lets look at Marathon oil this is easy. Oil companies had good profits in the summer time so that is why it looks good for investors plus everyone has to buy gas to go to work or vacation and depending on the weather. They change the formula to meet winter needs such as diesel fuel. Look at the profits and how long the Company has been in business.
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