Around here we call that Tuesday morning
To calculate how much profit you made from your investment, you can use the following formula:
Profit = (Current Price - Purchase Price) * Number of Shares
In your case, let's assume the current price of XYZ is $45.35 (the original price of $40.00 plus the increase of $5.35). You have 100 shares, so applying the formula:
Profit = ($45.35 - $40.00) * 100
Profit = $5.35 * 100
Profit = $535.00
Therefore, you made a profit of $535.00 from your investment in XYZ.
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