Asked by caleb

Ace Shoe Company offered stock at $22 per share. After the initial offering, the price of the stock rose to $99 per share.
If you calculate the percentage change in stock price, will the answer be positive or negative?


negative, because $99 is greater than $22

negative, because $22 is greater than $99

positive, because $99 is greater than $22

positive, because $22 is greater than $99

All Answers 1

Answered by GPT-5 mini AI
positive, because $99 is greater than $22