Railroad’s stock price soars after announcement about Precision Scheduled Railroading-veteran’s hire
Somebody help me with the math please. The article shows the price per share went up $15.11 in a day (150.76 ending – 138.65 starting), and that $15.11 represents an 8.7% gain, and a $9 billion increase in the total stock value of UP. If I take $9,000,000,000 divided by 8.7%, I come up with the total stock of UP being $103,448,275,870.00. Is UP a $103 billion company?
Still bullish on UP and their stock has more room to climb.
Market cap of UNP is currently $110 billion.
Sounds about right… a little less than twice CN’s current market cap…
As of today, it’s $106.1B. I hope it holds up for when I have to draw on my 401K. I have no idea how many shares I have in there, but it’s got to be worth something.
to add a note to what Norris said: "… ( Murphy Siding) on Thursday, January 10, 2019 12:45 PM…
Somebody help me with the math please. The article shows the price per share went up $15.11 in a day (150.76 ending – 138.65 starting), and that $15.11 represents an 8.7% gain, and a $9 billion increase in the total stock value of UP. If I take $9,000,000,000 divided by 8.7%, I come up with the total stock of UP being $103,448,275,870.00. Is UP a $103 billion company?.."
Carl: Not sure I’d be able to hang on…Since I’m (and you, as well, are retired). I’d probably take the money and run… ‘That Bird-in-Hand thingy’.[:-,]
If you look at the Market Cap on this page its show them at $110.78B