New York Stock Exchange

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/new-york-stock-exchange

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the founding date?May 17, 1792
2. What is the founding location?Wall Street, New York City, New York, USA
3. How did the NYSE start?It began on May 17, 1792, when 24 stockbrokers met under a buttonwood tree on Wall Street. They made the Buttonwood Agreement to trade securities in a fair and organized way.
4. Why do companies sell shares on the NYSE?Companies sell shares on the NYSE to raise money for things like building new factories, research, and hiring more workers. The money helps them grow and stay competitive.

Initial Public Offering (IPO): The first time a private company sells shares of stock to the public.
Designated Market Maker (DMM): A member firm responsible for maintaining a fair and orderly market in assigned securities.
Market Capitalization: The total market value of a company's outstanding shares of stock.