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I'm trying to understand shares as of "now", so I know more or less nothing about them. I have discovered this website: http://www.google.com/finance?q=microsoft

I entered in microsoft and it comes up with

  • Company name:
    Microsoft

  • Price
    27.72

  • Change
    +0.39

  • Chg %
    1.43%

  • Mkt Cap
    232.18B

At the top of the page, it says "Currency in USD".

So what do those figures mean?

Does it mean 1 share of Microsoft is currently valued at $27.72 USD as of Jul 29, 7:03AM EDT?

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9

Yes, that's what it means. Also, it tells you that the share price went up by $0.39 yesterday, which was an increase of 1.43% from the previous day's price, and that the total value of all of Microsoft's shares is $232.18 billion (from which we can deduce that there are a bit less than 10 billion Microsoft shares in total).

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