answersLogoWhite

0

i think the main reason of that is falling of US dollar

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Economics

How much would a stock from Exxon Mobil be Worth now if you had it in 1970?

To determine the current value of an Exxon Mobil stock purchased in 1970, you would need to account for stock splits, dividends reinvested, and the overall price appreciation of the stock over that period. Exxon Mobil has experienced significant growth since 1970, and its stock price has increased substantially, especially considering the impact of stock splits and dividends. As of October 2023, the stock price is several times higher than it was in the 1970s, making it a lucrative investment. For precise calculations, one would need historical stock prices and dividend data for accurate valuation.


Why is Exxon stock going up?

Exxon stock goes up when people anticipate that their earnings will be going up in the future.


Is Exxon Mobil a public sector?

No, Exxon Mobil is not a public sector entity; it is a publicly traded corporation. It operates in the private sector, primarily engaged in the exploration, production, and distribution of oil and gas. As a publicly traded company, its shares are available for purchase on stock exchanges, allowing private investors to buy and sell its stock.


What average stock price for standard oil in 1969?

In 1969, Standard Oil was no longer a single entity, as it had been broken up into several companies in the early 20th century. However, if you are referring to one of its successor companies, such as Exxon (formerly part of Standard Oil of New Jersey) or Mobil (formerly part of Standard Oil of New York), the average stock prices for these companies would vary. Historical stock price data can be sourced from financial archives, but on average, Exxon and Mobil shares were both traded in the range of $30 to $40 during that time. For precise figures, specific financial records from that period would be necessary.


What is the description of the stock exchange when prices are falling?

A bear market is the term used when stock market prices are going down.

Related Questions

What is Exxon Mobil stock?

Xom


What is Exxon Mobil's stock symbol?

The ticker symbol for Exxon Mobil is XOM and it is traded on the New York Stock Exchange.


What was the stock price of Exxon Mobil in November 1994?

In November 1994, Exxon Mobil's stock price fluctuated around $70 per share. However, exact daily prices can vary, so for precise information, it is advisable to check historical stock price databases or financial news archives from that time.


What was Exxon Mobil stock worth in 1976?

Nothing, the stock was started on November of 1999


How much would a stock from Exxon Mobil be Worth now if you had it in 1970?

To determine the current value of an Exxon Mobil stock purchased in 1970, you would need to account for stock splits, dividends reinvested, and the overall price appreciation of the stock over that period. Exxon Mobil has experienced significant growth since 1970, and its stock price has increased substantially, especially considering the impact of stock splits and dividends. As of October 2023, the stock price is several times higher than it was in the 1970s, making it a lucrative investment. For precise calculations, one would need historical stock prices and dividend data for accurate valuation.


What exactly does XOM Stock offer?

XOM stock is exactly stock offered by the Exxon Mobil Corporation. As one of the most profitable and largest energy corporations in America and in the world, Exxon Mobil stock is highly watched for its daily upticks and downturns to reflect the economic wellness of the oil industry.


Why is Exxon stock going up?

Exxon stock goes up when people anticipate that their earnings will be going up in the future.


What is Exon Mobil worth?

As of December 2021, Exxon Mobil's market capitalization is around $310 billion. This value represents the total market value of the company's outstanding shares of stock. It is important to note that stock prices and market capitalization can fluctuate based on various factors.


What is Annual rate of return for exxon-mobil over life of stock?

What is the rate of return for the last six months


How many times has Exxon Mobil Corporation's stock split since November 26 1984?

3 times


How many times has Exxon Mobil Corporation's stock split since April111997?

Since April 11, 1997, Exxon Mobil Corporation's stock has split once, which occurred on June 30, 2001. This 2-for-1 stock split effectively doubled the number of shares outstanding while halving the share price. Since then, there have been no additional stock splits.


What is a stock sector?

A stock sector is a way of identifying what the company of the stock does. It is very similar, if not exactly the same as the stock's industry. For example, Exxon Mobil (XOM) would be in the Energy sector.