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To: dynachrome

This has nothing to with the article, but I’m bored.

Union Pacific stock was trading between $266-269 1/8 on July 16,1929. It high for the year was $271(it would go higher)

Source: Time Union newspaper Brooklyn, NY.

UP stock today $218.65 (last time I looked.)

If I “bought and held.”

Did I make money?


17 posted on 07/16/2021 12:50:18 PM PDT by unclebankster (Globalism is the last refuge of a scoundrel)
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To: unclebankster
If you bought and held Union Pacific, you would have made a killing.

Comparing share prices, without allowing for stock splits, is misleading. For instance, there have been 5 Union Pacific stock splits since 1980, resulting in about a 24 fold increase in value on a per share basis (and that's without taking into account the added value of shareholder dividends).

32 posted on 07/16/2021 1:21:39 PM PDT by Mr. Lucky
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