Target Stock Rises, But Earnings Report Will Be a Key Test
Listen to the story
Target is a big store company in the United States. People can buy clothes, food, and many other things there.
Target's stock price has been going up. This is good news for the company right now.
But Target has a big test soon. The company will show its earnings report. This report tells people how much money the company made.
The earnings report will show how people are spending money. This is called a consumer trend. Experts want to see if people are still buying things at Target.
On Monday, Target's stock price went down. This shows that investors feel worried about the company.
Investors buy stock because they hope the price will go up. But stock prices can go up and down fast.
People will watch Target closely. The earnings report will show if the good news will continue.
Vocabulary15 words
- Target
- a big store company in the U.S.
- stock
- a small part of a company that people can buy
- earnings report
- a paper that shows how much money a company made
- consumer trend
- how people are buying and spending money
- investors
- people who buy stock to make money
- shopper
- a person who buys things in a store
- company
- a business that sells things or services
- price
- how much money something costs
- test
- a hard moment that shows if something is good or bad
- news
- information about what is happening
- money
- what people use to buy things
- report
- a written or spoken description of facts
- watch
- to look at something carefully
- worried
- feeling afraid something bad will happen
- rise
- to go up
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Quiz
Answer key
1. A big store company 2. How much money Target made 3. True
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Target is a big store company in the United States. People can buy clothes, food, and many other things there.
Target's _____ price has been going up. This is good news for the company right now.
But Target has a big test soon. The company will show its _____. This report tells people how much money the company made.
The earnings report will show how people are spending money. This is called a _____. Experts want to see if people are still buying things at Target.
On Monday, Target's stock price went _____. This shows that _____ feel worried about the company.
Investors buy stock because they hope the price will go up. But stock prices can go up and down fast.
People will watch Target closely. The earnings report will show if the good news will _____.
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