What exactly do the stock quotes represent and how do they get those numbers? Look bellow for question details

For example, on a stock ticker, it says for the NASDAQ: 2539.38. What exactly does that number represent and how do they come up with that number?
What do you mean by "weighed". Also, what do the numbers represent. The amount of money, or something?

The stock quote is the average price one would pay for a share of that particular stock. The stock goes up and down based on what people will pay per share. In the case of NASDAQ, you are seeing how a composite of stock are doing. Nasdaq is technology stocks. The Dow Jones Industrial Average is a composite of big corporation stocks.

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Comments

jbcwill1 May 4th

It is done by formula. Each stock is weighted and given a value and then the formula is applied. I do not know the formula. Go to nasdaq.com and you could probably find it
References :
Desmond S May 5th

The stock quote is the average price one would pay for a share of that particular stock. The stock goes up and down based on what people will pay per share. In the case of NASDAQ, you are seeing how a composite of stock are doing. Nasdaq is technology stocks. The Dow Jones Industrial Average is a composite of big corporation stocks.
References :