Any percentage changes in a stock price will result in an equal percentage change in a company's value. This is the reason why investors are so concerned with stock prices and any changes that may occur since a $0.10 drop in a $5 stock can result in a $100,000 loss for shareholders with one million shares.
The primary meaning of libra was balance or scales (as in the astrological sign), but it also stood for the ancient Roman unit of measure libra pondo, meaning a pound by weight.. We got the word pound in English from the pondo part of the libra pondo but our abbreviation comes from the libra.
Pounds. The pound or pound-mass (abbreviations: lb, lbm, lbm, â[1]) is a unit of mass with several definitions. Nowadays, the most common is the international avoirdupois pound which is legally defined as exactly 0.45359237 kilograms.