Question

When Patricia sells her GM common stock at the same time that Brian purchases the same amount of GM stock, GM receives:

A. the "spread" between the Bid and Ask of the transaction
B. The dollar amount of the transaction, less brokerage fees.
C. only the par value of the common stock
D. nothing

This is another question that makes my brain hurt, I am leaning toward (D) nothing, because the sale and purchase of GM common stock happened at the same time for the same price, so basically paper exchanged hands and the company receives NOTHING.

Answer 1

agree
Of course if the stock goes down, GM is "worth less".

Answer 2

Nothing