Video Clip http://www.google.com/finance?q=FB&ei=gbgsUcCQOYyu0AHreg What is an IPO? Why did Facebook issue and sell stock? (respond in 3 to 5 lines) Video Clip http://www.google.com/finance?q=FB&ei=gbgsUcCQOYyu0AHreg
The Stock Market Essential Questions: Why do corporations issue and sell stocks? How do stock exchanges facilitate the buying and selling of stocks?
Presented by the New York Stock Exchange “What Makes Us Tick” (1952) Presented by the New York Stock Exchange Video
Google Inc. raised $1.67 Billion 19,605,052 shares sold Aug 19, 2004 IPO of $85/share Google Inc. raised $1.67 Billion http://www.google.com/finance?q=NASDAQ%3AGOOG#
A stock exchange brings buyers and sellers of stock together A stock broker buys and sells stocks on behalf of his/her clients How is a stock sold on the open market?
The New York Stock Exchange (NYSE) The world’s largest stock exchange (based on market capitalization of listed companies) Trading takes place Monday through Friday Opening Bell at 9:30 a.m., Closing Bell at 4:00 p.m. The stocks of over 3,000 companies are listed/traded Approximately 1,400 “seats” which are purchased by brokerage firms (Merrill Lynch, Legg Mason, Morgan Stanley, etc.) who buy & sell on behalf of their clients Was purchased by InterContinentalExchange (ICE) in 2012 for $8.2 billion http://www.nyse.com/ NYSE Stock Brokers Video Clip: NYSE Floor Video Clip:
NASDAQ (National Association of Securities Dealers Automated Quotations) The largest electronic screen-based securities trading market in the United States Approximately 3,700 companies listed Generally, lists newer “technology” stocks when compared to the NYSE (Microsoft, Google, Facebook, Intel, etc.) Market Hours from 9:30 a.m. to 4:00 p.m. http://www.nasdaq.com/
The Stock Market Summarizer: Explain the importance of stocks in a capitalist system. Respond in 4 to 6 lines