Starbucks Stock Nears Top of Its Trading Range
Listen to the story
Starbucks is a big coffee company. Its stock price is now near the top of a long range. A range is the space between a stock's low price and high price over time. Experts who study charts say the price could go higher soon. This is called a breakout. A breakout happens when a price moves above its normal range.
Berkshire Hathaway is another big company. Its stock also looks like it is breaking out. An expert named Katie Stockton looked at the charts. She said now is a good time to buy Berkshire stock. Buying at the right time can help people make money.
The news also talked about fast food. Companies like McDonald's and Starbucks now sell energy drinks. Energy drinks give people quick energy. Many fast food chains want to sell more of these drinks. This is a new way for them to make money.
Vocabulary15 words
- stock
- a small part of a company that people can buy
- stock price
- how much money one part of a company costs
- range
- the space between the lowest and highest number
- chart
- a picture that shows numbers going up or down
- breakout
- when a price moves higher than its normal top point
- buy
- to give money and get something
- energy drink
- a drink that makes you feel awake and strong
- expert
- a person who knows a lot about one thing
- company
- a business that sells things or services
- price
- how much money something costs
- sell
- to give something for money
- money
- what people use to buy things
- high
- far up; not low
- low
- not high
- new
- not old; just made or started
Quiz
Answer key
1. The top of its price range 2. It is a good time to buy 3. Energy drinks
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Starbucks is a big coffee company. Its stock price is now near the top of a long _____.
Experts who study _____ say the price could go higher soon.
This is called a _____.
Berkshire Hathaway is another big _____.
An expert named Katie Stockton looked at the _____.
She said now is a good time to _____ Berkshire stock.
Companies like McDonald's and Starbucks now sell _____.
Energy drinks give people quick _____.
Many fast food chains want to sell more of these _____.
This is a new way for them to make _____.