To find the closing price of the stock for Company XYZ on Wednesday, you can add the change from Wednesday to the closing price on Thursday.
The closing price on Thursday is $25.69 and the change from Wednesday is –$0.75.
So, the closing price on Wednesday (let's call it \( P_{Wednesday} \)) can be calculated as follows:
\[ P_{Wednesday} = P_{Thursday} - \text{Change} \]
Substituting the values:
\[ P_{Wednesday} = 25.69 - (-0.75) \]
Since subtracting a negative is the same as adding:
\[ P_{Wednesday} = 25.69 + 0.75 = 26.44 \]
Thus, the closing price on Wednesday was $26.44.