You found the following stock quote for Gigantus Corporation in today's newspaper. What was the stock selling for on January 1? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Company Gigantus Symbol GIG Vol 12,805,325 DAILY Close Chg %Chg 48.92 0.72 1.47% YTD 52 WEEK %Chg High Low %Chg -1.1% 62.81 45.93 6.5%

You found the following stock quote for Gigantus Corporation in today's newspaper. What was the stock selling for on January 1 ? (Do not round intermediate calculations. Round your answer to 2 decimal places.)