If I buy a stock at asserted price and it goes up and I buy more, what happens to the price of my previous stock?
3/27/2024 06:28am
When you buy a stock at one price and the price goes up, the value of your investment increases. If you buy more of the same stock, your average cost per share will decrease, but your total investment value will remain the same. The price of your previous stock will not be affected by the price increase.