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What makes the Dow trade at 18,000
what makes the NASDAQ trade at 4,800
the S&P 500 trade at 2,100
the Russell at 2000 trading at 1,300
?
I'm just curious as to the " Why " behind these Indexes being what they are ?
Say the Dow went up to 30,000
would the NASDAQ and S&P500 follow suit, and increase to... NASDAQ 17,000 S&P 500 8,000 Russell 2000 at 4,000
A question regarding Stocks....
There's GOOG at $520 and WMT at $85
Both of these are Huge companies, but one is over $500 per share and the other is trading at $85
Assuming both have Market Caps of around the same amount, why has GOOG skyrocketed to over $500 when it use to be under $85 , while WMT has gone up in price on a per share basis BUT , WMT is unlikely to ever reach that $500 per share amount that GOOG has gotten to ?
These are just questions that I've wondered , and hopefully I can get some perspective on the " Why ' and reason(s) behind my questions
Thanks to anyone who cares to shed some light and help me understand the reason certain stocks are what they are, on a per share basis
Can you help answer these questions from other members on NexusFi?
Stocks are based on the number of shares available. Google and Walmart might have the same market cap, but different amounts of shares available so therefor their stock price will be different.
Indices are based on the cum price of all of the stocks in the index. S&P, NQ and others have different number of stocks in the index.
Mike, that is totally on me, and I guess I just missed that feature
I have always tried to thank those who have contributed to and answered and made comments in the threads I have started directly through the thread ( posts ) themselves
I will definitely start to click on the " Thank " button from now on , when someone shares and comments
Thank you for pointing this out to me
And thank you tturner86, for your reply and clarification, and one certain stocks and Indexes have the different degrees in price variance, even when their Market Caps. are near identical