Replies to post #47399 on SPDR S&P 500 (SPY)

[smartone]

goog up 7% in AH trading

[GLENO34]

Fox..Ok help me with the math..They have 315 million shares outstanding..The earned 94 cents more than last year same quarter..So increase in net worth 296 million..Now the stock goes up 79.00 per share..Is that 2.5 billion or 25 billion.Sure seems like a lot of gain in just 5 minutes...Either one is stupid..All they do when a company pays a dividend is subtract the amount of the dividend from the price the next day of trading..so tell me how this computes??