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When the value of Eagle Eye Banking stock fell 5points, the change was represented online as

–
5points.
The next day, the change in value of the stock was represented as 3points. Which of these describes the change in the stock's value?

it fell 3 point

Neither rose nor fell

lt rose 3 points

1 answer

To determine the overall change in the stock's value after the two days:

  1. On the first day, the stock fell by 5 points.
  2. On the second day, the stock rose by 3 points.

To find the overall change, we can calculate:

  • Starting value after the first day: -5 points
  • Change on the second day: +3 points

Overall change = -5 + 3 = -2 points

This means that the stock is down by 2 points overall. Therefore, the correct description of the change is:

It fell 2 points.

However, since that specific option wasn't provided, the correct interpretation based on the choices given would be that it did not rise nor fall significantly, but this specific wording isn't among the options outlined. If considering only the options, the closest one to the actual scenario would be "it fell 3 points," even if it's not entirely accurate.