OK...I'm coming out

[Contrary1]

I admit I know very little about the stock market, and what the numbers mean. I am watching the SBGI snapshot on Yahoo, and see that their stock is dropping, (yea!) but can someone explain these numbers to me? Is this a modest loss?

7.42 -0.08 -1.07%

Thank you, thank you, thank you!!!

[aden_nak]

Their stock was at 7.42? Ewww.

Well, it means it lost 1.07% of its value. If you own, say, $200 worth, you lost $2.14. Of course, if you own $2 million, theoretically just lost about $21,400. It's all relative.

[Worst Username Ever]

1. Well basically

the stock was worth 7.42 a share and lost 8 cents, which is a 1.07 percent loss for the day. It is not a HUGE loss, but not small, either. It is a moderate loss. If the stock were worth 80 dollars a share and loss 8 cnets, that would be miniscule.

[On the Road]

2. You Also Have to Compare it With the Market as a Whole

Sinclar is declining on a day when most indexes are up. That means the stock actually is doing worse than it looks.

On the whole, this isn't a huge move. If it's the start of a trend, it will start to mean something.

[Jeff in Cincinnati]

3. Look at if over the past year...

It was trading at $15 per share at the first of the year and is now hovering around $7 -- and I understand that they've cut their revenue predictions for the next quarter. A concerted boycott could drive them further into the tank and possibly cause them to hire a CEO who isn't a serial sex offender.