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

Question

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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

it Neither rose nor fell

lt rose 3 points

Answer 1

To determine the overall change in the stock's value, we start with the initial drop of 5 points and then consider the following change of 3 points.

1. The stock fell by 5 points:
   Initial value: 0 points (let's assume the starting point)
   After first change: 0 - 5 = -5 points

2. The next day, the stock rose by 3 points:
   New value: -5 + 3 = -2 points

So, the overall change from the starting point is a fall of 2 points (from 0 to -2).

Thus, while the stock did rise 3 points on the second day, the question asks how to describe the change in the stock's value from the starting point. The stock fell 2 points overall.

Since none of the options exactly describe this situation correctly, the best description relating to the immediate change after the two days is:

• It fell 3 points (indicating a net decrease from the starting change point of -5).

However, if you're looking for the total change from start to the end of the period mentioned, it ultimately fell by 2 points. But looking at your provided options, the best option provided is:

It fell 3 points.