NASDAQ is an electronic stock exchange, located primarily in New York City. Once only small companies’ shares got traded there, and it was considered only a little brother of the New York Stock Exchange. But once NASDAQ companies like Apple and Microsoft got big, the NASDAQ exchange became one of the most important financial marketplaces in the world.
- Facebook Files for an Initial Public OfferingOn February 1, 2012, Facebook filed for an initial public offering that could value the company at $75 billion to $100 billion. Teen FB users and fans, as well as stock market experts, weigh in on the world’s favorite social network becoming a public company.
- Behind the Blue Chips of the Dow Jones Industrial AverageThis week the Dow Jones Industrial Average stock index got more ink than usual with the announcement that three companies will be losing their exclusive membership and that three new stocks will be added on September 23. What is the DJIA and what is the significance of these latest moves?
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