Economic Indicators
Stock Prices: Stock prices are very important to a company in that it shows how valuable the company is in the public eye. In essence, possessing stock is the same as owning part of a company. The rules of supply and demand apply in the stock market. When the stock price of a company goes up, it means that people are paying more to buy it because the demand is higher. When it goes down, it means that people are selling it for lower prices as the demand goes down.
Kmart's stock prices have shown a general downward trend over the past seven years. In 1993 Kmart was at…
