The Dow Jones Industrial Average (DJIA)
May 29, 2020
Billionaire investor Carl Icahn took a huge loss in Hertz car rental company after the company filed for bankruptcy last week. Icahn began investing in Hertz in 2014, he bought 11.4 million shares in Hertz global holdings, then he increased his investments to 26 percent ownership of the company shor...
The terms ‘stock market’ or ‘stocks’ are common terms you hear on the news or amongst investors. While many people have a vague idea of what stocks could mean, only some people understand how stocks and the stock market works. In very simple terms, a stock market is a place where investors connect to buy and/or sell stocks and other related securities. Stocks are simply shares of ownership...
What is the Dow Jones Industrial Average?The Dow Jones Industrial Average (also known as the Dow) is a major stock market index that tracks thirty or the largest public-owned blue-chip companies in the US that trade on the New York Stock Exchange (NYSE) and the NASDAQ. The name ‘Dow Jones’ was coined from the combination of the names of Charles Dow, the creator of the index in 1896, and his bu...
