This lesson teaches Ellie how to use stock ticker symbols to locate companies. Ellie will also learn how to read a stock quote and apply that information to decisions about her investments in the Stock Market.
Ellie needs to use ticker symbols as she begins to invest in companies and/or mutual funds. Help Ellie understand stock symbols and be exposed to the profit to earnings ratio and investment vocabulary that will help her make prudent investment decisions. Ellie will use her growth in funds to launch her new business. (see Lesson 4 - Ellie's Going to the Bank)
Ticker symbols are what stock exchanges use to identify listed companies. Typically, companies listed on the New York Stock Exchange (NYSE) have one to three letters in their ticker symbols. The NASDAQ Stock Market identifies companies and funds with symbols that may be as long as five letters. Most financial news and stock market websites have ticker symbol lookup and quote searches.