Tori bought one share of Macy's stock on Nov 1, 2016 for $33.38. Four years later, she sold it and the closing price for that day was $5.09. How much money did she gain/lose with this stock?

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter7: Losses—deductions And Limitations
Section: Chapter Questions
Problem 78IIP
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Tori bought one share of Macy's stock on Nov 1, 2016 for $33.38. Four years later, she sold it and the closing price for that day was $5.09.

  1. How much money did she gain/lose with this stock?
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