Thomas bought 30 shares of stock, priced at $ 26.38 per share. He also paid an $ 8 transaction fee. How much did he pay?
If Thomas bought 30 shares of stock, priced at $26.38 per share. He also paid an $8 transaction fee, he paid $799.40 total.
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About Stock
A stock is a share in the ownership of a company. Stock represents a claim on the company's assets and earnings. If you continue to buy more stock in a company, your ownership stake in the company becomes greater. Some other names for stock are shares and equity. When you buy stock in a company, you become one of the company’s owners and you are called a shareholder of that company.

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