Calculating Percent of Loss

ByAmanda Wiggins

Stock Market Crash Average price of 50 leading stocks

sank by half In the last 4 months of 1929 the

overall value of stocks fell $40 billion In the following years the stock

market would continue to plummet General Motors stock was once at $73

but would fall to $8 during the Great Depression

U.S. Steel

On September 3, 1929 their stock sold for $262

By November 13, 1929 their stock sold for only $150

Their stock dropped to $22 per share at its lowest point

Calculating Percent of Loss

Stock fell from $262 to $22

1. 262 – 22 = 240

2. 240/262 = 240 ÷ 262 = .916

3. 100 × .916 = 91.6%

U.S. Steel stock lost 91.6% of its value during the Great Depression

Montgomery Ward

Before the crash, their stock sold for $138

In the next few months their stock dropped to $49

At its lowest point during the Depression, their stock sold for $4

Calculating Percent of Loss

Stock fell from $138 to $4

1. 138 – 4 = 134

2. 134/138 = 134 ÷ 138 = .971

3. 100 × .971 = 97.1%

Montgomery Ward stock lost

97.1% of its value during the Great

Depression