Word of the Week:
IPO

Definition: An Initial Public Offering, or IPO, is when a company's shares start trading on a stock exchange and when average people can start investing in the company. It's also called "going public." The main reason companies go public is to raise money, which they need to expand their businesses.

Key Takeaway: An IPO is when a company's shares start trading in the stock market. It can also be called "going public."

Challenge: What is a brand you like? Google to see if they've have an IPO. What is their stock ticker?

Fun Fact: Great IPOs can make terrible stock and vice versa. Snapchat stock gained 44% on its first day of trading, then lost more than 75% of its value in the next few years. Facebook shares fell when they first started trading, but gained about 300% in the following years.