Question

You purchased 100 shares of XYZ stock for $8 per share in January. In December, you sell it for $7 per share. How much will you earn or lose on this investment?

Answer 1

If you bought 100 shares of XYZ stock at $8 per share and sold them for $7 per share, you would lose $1 per share. Your total loss on the investment would be $100 (100 shares * $1 per share), and there's no 'earning'/'gaining' in this scenario.