Answer:
1. Likely the price of the stock either goes up or falls
2. There is no need for a stop loss order in this scenario.
3. 5412541.2
Explanation:
1. Stock market prices are often unstable, prices can be up today, the next day they are low.
2. Arianna has already made over 100% profit from the stock since she purchased at a good low price, yesterday's stock close price was still profit for her.
3. A 10% Stop loss price would have been the idea order price rather than the $53.7353.73.
4. Remember Stop loss order are meant to reduce or minimize the loss of investor or trader, a calculated level of should be carefully decided.
