Answer: 1 share of Exxon
Step-by-step explanation:
The word “stock” refers to a share of ownership in a particular company. Shares of Exxon are traded on an open market.
Right now, Exxon‘s stock is worth 90.70 per share, and thus with 5.28 billion shares outstanding, that means Exxon has a market capitalization of $479.23 billion. Market capitalization is the estimate of the total value of the company based on the number of shares out there and the value that the market
places on each share.
When buyer and seller agree on a price, so that $90.70 is literally the dollar amount that someone recently agreed to sell a share of Exxon stock for and someone else agreed to buy it for. In other words, that’s the value that the public estimates a single share of Exxon stock to be worth.
Why would you want to own a share of Exxon If you wanted to buy stock in Exxon or Penny's Pickles, it is advisable to get a Stock broker, because you can ask them questions and they can give you advice on buying shares. It is expensive, they will charge fees
