What Does Stock Market Mean?
What is the definition of? Established before the inception of the United States itself, the US exchange has long been a place company values have been determined by the sale of their stakes. There are several different US exchanges such as the NYSE and Nasdaq.
Fred owns Fred’s Pizza. He has been extremely successful and wants to expand nationwide with his franchise company. The only problem is Fred doesn’t have the funds to do so. He decides to take his company public in order to raise enough money. He issues 10,000,000 new shares at his initial public offering and raises $119,000,000.
Define Stock Markets: Stockmeans an exchange company shares, securities, and other financial instruments are bought, sold, and traded.
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