1. 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

2. The Stock Market
Essential Questions: Why do corporations issue and sell stocks? How do stock exchanges facilitate the buying and selling of stocks?

3. Presented by the New York Stock Exchange
“What Makes Us Tick” (1952)
Presented by the New York Stock Exchange
Video

4. Google Inc. raised $1.67 Billion
19,605,052 shares sold Aug 19, 2004
IPO of $85/share
Google Inc. raised $1.67 Billion

5. 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?

6. 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
NYSE Stock Brokers
Video Clip:
NYSE Floor
Video Clip:

7. 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.

8. The Stock Market Summarizer:
Explain the importance of stocks in a capitalist system.
Respond in 4 to 6 lines