33 Has anyone ever seen a stock price this high? Sibelco is located in Spruce Pines NC (www.investing.com) 🔍 Notable posted 12 days ago by Goqgo 12 days ago by Goqgo +33 / -0 6 comments share 6 comments share save hide report block hide replies
Stock prices can only be understood in the context of how many shares there are.
If a billion dollar company only issued one share, that "stock price" would be one billion dollars.
Likewise we have penny stocks - you can have a million dollar company issue 100 million shares and they're all only a penny a piece.
Price outside of this context is meaningless.