most traded stock Forbidden Request forbidden by administrative rules. This article needs additional citations for verification. A ticker symbol or stock symbol is an 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. Stock symbols are unique identifiers assigned to each security traded on a particular market. For example, AAPL is for Apple Inc. OODH is for Orion DHC, Inc. HD is for Home Depot, Inc.
A stock symbol can consist of letters, numbers, or a combination of both, and is a way to uniquely identify that stock. The allocation of symbols and formatting convention is specific to each stock exchange. In the US, for example, stock tickers are typically between 1 and 4 letters and represent the company name where possible. For example, US-based computer company stock Apple Inc. Symbols sometimes change to reflect mergers. Prior to the 1999 merger with Mobil Oil, Exxon used a phonetic spelling of the company “XON” as its ticker symbol. The symbol of the firm after the merger was “XOM”.
In the US the single-letter symbols are particularly sought after as vanity symbols. To fully qualify a stock, both the ticker and the exchange or country of listing needs to be known. On many systems both must be specified to uniquely identify the security. This is often done by appending the location or exchange code to the ticker. Although stock tickers identify a security, they are exchange dependent, generally limited to stocks and can change.