Home     About Us    Contact Us     Contribute     Privacy
Mutual Funds
Related Articles
Related Discussions
Related Definitions
Related Categories
Tip of the Day

Tip of the Day Be Wary of Mutual Funds

Be Wary of Mutual Funds - Mutual funds for years have been a safe investment option if you are going to invest your money, but lately these investments are not...

read entire tip

Related Podcasts
Recently Added
Other Great Sites

Stock Quote Symbol

According to Wikipedia, "A stock symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both."

Standard & Poors is credited with bringing a national standard to stock symbols. Prior to that companies issuing shares could have many different symbols -- one, in fact, for each of the markets where their shares were traded.

It has only been within the past few years that the Securities & Exchange Commission has allowed the New York Stock Exchange's three-letter symbols to be used on the NASDAQ as well, when companies transferred over from the former to the latter. At first the rule change didn't apply to companies using only two- or one-letter symbols. Nowadays any stock is able to retain its particular symbol when moving to NASDAQ.

Believe it or not, the entire alphabet is available for use as single-letter symbols and most of those 26 individual letters have already been assigned. Ford Motor Company gets by with a single F. T represents AT & T, while V belongs to Visa, Inc. The last six ownerless letters are I, J, P, U, W, and Z.

Stock symbols can, of course, be much more personable while serving as a security identifier. Before InBev (a Dutch entity) acquired Anheuser-Busch in 2008, the company's stock symbol was BUD, as befitted the brewer of the #1 beer in the U.S. Sun Microsystems uses JAVA, named for its programming language. The merging of companies sometimes produces merged stock symbols. Exxon used to be XON. After their merger rival Mobil, the new symbol is XOM.

Originally stock symbols were devised as a way to save space when company stock price information was being transmitted via ticker tape. Nowadays, the system has progressed to the point where the NYSE occasionally assigns a stock symbol to a company utilizing the traditional two- or three-letter designation, followed by a period, that is then followed by another letter. This serves to further identify the stock. For instance, a stock symbol of XXX.A would indicate that company XXX is issuing Class A stock.

One stock symbol to beware of is the letter E following a company's exclusive stock symbol. The E symbolizes a delinquency in filing with the Securities & Exchange Commission, so careful scrutiny of both the company and its offering is advised.

Discuss It!
1 2 >

Penomet reviews said:

Finally, a good explanation of a hard subject.

Provacyl reviews said:

A simple, yet effective explanation. Thanks.

Nederlandse casino's waar je kan iDeal gokken! said:

Criterion & Poors is credited with bringing a national orthodox to support symbols. Antecedent to that companies supply shares could eff more various symbols -- one, in fact, for each of the markets where their shares were traded.

staustinreview's penis pumps said:

This is a good list of pumps that you might like

motions og sundhed said:

Find alt om motion og sundhed her||| said:

I will add this site to your favorites!

GR Online Roulette said:

Standardised & Poors is credited with transferral a someone acceptable to stockpile symbols. Preceding to that companies supply shares could jazz umteen antithetical symbols -- one, in fact, for each of the markets where their shares were traded.

http://www.frederickroofers.com said:

To us, craftsmanship is critical to the quality of every job we undertake.

HotPrintsUSA said:

In position to create a eminent marketing cause, these are some of the mistakes to abstain: said:

it helped me to understand my work said:

Your work is very good and I appreciate you and hopping for some more informative posts. Thank you for sharing great information to us.

El Diablo Letterman Jacket | Dewuchi.com said:

Effective market scenario! Itâs superb reading for the trade share person to avail update data.

Root Explorer for android said:

Special Features for Game Lovers : Steps to Download Root Explorer for Android? Five Amazing Root Explorer Alternative for Android: Features of Root Explorer for PC â Everything you need to know!! How to download Root Explorer for PC?

asa said:


Free Google Play Credit said:

ways to get free Google play store credit. By following these best 7 simple ways you can earn free Google Play store credit.

mercedes ml400 car covers said:

Followed by a period, that is then followed by another letter. This serves to further identify the stock.

Mallo said:

<a href="http://www.chaussuresyeezyboost.fr">Chaussures Yeezy Boost 350</a> that is then followed by another letter

andhra pradesh ssc 10th results 2017 said:

ts ssc results 2017 ap ssc results 2017 mh ssc results 2017 andhra pradesh ssc 10th results 2017 telangana ssc 10th results 2017 maharashtra ssc 10th results 2017

app showbox said:

Showbox is an app by which you can stream free movies and TV shows for your devices. Here is a tutorial that guides you how to download Showbox.

SandraRoberts said:

If you have another work which is better than Stock Market so do that.

Most Popular Articles
Most Popular Definitions
Related Questions
Daily Definition

Definition of the Day Heterogeneous

Heterogeneous – Heterogeneous is a broad term that refers to individuals, items, companies, industries, etc. that are dissimilar from each other while still pertaining to a larger whole.  The opposite of heterogeneous is homogeneous, which encompasses similar objects within a group.  Outside of economics and business, heterogeneous can also be...

read entire definition




Home     About Us    Contact Us     Contribute     Sitemap


Copyright © 2009 TeenAnalyst.com