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.
The word pound comes from the Latin word pendere, meaning to weigh. The Latin word libra means scales, balances and it also describes a Roman unit of mass similar to a pâ¦ound. This is the origin of the abbreviation lb for the pound. Note also that lbs is incorrect for two reasons.