asked 39.0k views
0 votes
If you purchase at&t stock at $100 a share in august, and each month at&t stock falls consistently, what would best describe the stock market during that time?

asked
User DaRoGa
by
9.4k points

2 Answers

7 votes

Answer:

The correct answer is: A bear market.

Step-by-step explanation:

AT&T stock is included in the NYSE (New York Stock Exchange) index, which is a composite of all listed stocks that trade in that exchange. It is considered to be one of the most accurate indexes there are since it includes all the stocks listed in that exchange instead of a portion of them such as the S&P 500, for instance. If the stock of AT&T has been falling for months, it is highly possible that the overall market is on the red, what investors call "Bear Market".

answered
User Vince Pergolizzi
by
9.1k points
4 votes

The answer is bear market. This is a market situation in which the values of securities are dropping, and extensive doubt causes the negative sentimentality to be self-sustaining. As savers get ahead losses in a bear market and vending continues, pessimism only grows.

answered
User Albert Paul
by
7.7k points
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