How to Read Stock Ticker Symbols?
A stock ticker symbol may look like random few letters but the fact is that this symbol tells a lot about that stock. If you are a novice in the stock market, it is very important that you understand a little bit about the stock ticker symbols and the information which these symbols convey. It is also important for the beginners in stock market to be able to read and understand the stock symbols quickly and correctly. Many investors think that a stock symbols is nothing but the name of the company in short form. This is very far from being true. A stock ticker symbol gives out way more information than just the company name. It can tell which exchange the stock is being traded, whether the company has filed for bankruptcy or not and a few more thing. Investors often wonder, how can a few letters give out so much data. Let us see how to decipher a symbol in new few paragraphs. First of all, let us discuss what exactly a stock ticker symbol is. A stock symbol is nothing but a combination
