Google It by Anna Crowley Redding
Author:Anna Crowley Redding [Redding, Anna Crowley]
Language: eng
Format: epub
Publisher: Feiwel & Friends
Published: 0101-01-01T00:00:00+00:00
* * *
NASDAQ stands for National Association of Securities Dealers Automated Quotations System. It’s an electronic stock exchange where investors buy and sell stock—especially stock in tech companies, like Google.
* * *
As the opening bell rang, it was official: Google offered shares of the company for the public to buy. The starting price was $85 a share. Their trading symbol? GOOG.
* * *
IPO is short for “initial public offering.” An IPO is the first time a company offers its stock for the public to purchase. When you buy stock, you own a piece of the company. If the company does well and its stock price goes up, you make money. But if the stock price drops, you lose money.
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