Hi Guys,
Stock noob here.
Back in December 2000, my grandmother and grandfather bought me 5 shares of apple.
Recently, my Grandmother passed, and it was in her will, that the 5 apple shares would be released. I talked to my grandfather, and he said that the 5 shares are worth about $750 and I would be receiving that in the next week.
I remember a few years ago, checking the price of apple stock (to see what my 5 shares were worth) and I remember it being well over $1000, if not like $3000 for all 5 shares... (I forget what the price per share was, but I thought it was something like $600+ PER SHARE?!?)
Why is worth $750 today? I thought the price has only gone higher... I was kind of shocked to hear I was only receiving $750 from Apple stock they bought in 2000.
My grandfather also asked if I would want the 5 shares or just the cash from the shares. I don't want to make a big mistake here.
Whats going on??? Thanks for all the help!
Submitted April 20, 2017 at 11:12AM by tytythefly http://ift.tt/2oOv9dq
