Have you ever thought about how companies actually get their ticker symbols?
Of course, you can make it as easy as Okta and $OKTA (-0.43%) or just take Meta $META (+2.21%) , $UBER (+1.66%) , $SAP (-0.12%) etc. or you can be clever like Porsche with $P911 (-0.77%) or Salesforce with $CRM (-2.08%) and advertise the product with your own ticker.
But then there are also companies that omit a letter from their name for no reason, such as $BAS (-0.59%) , $PEP (-2.49%) or $TSLA (+0.88%) and there are really crazy ones that simply use $AAPL (-1.69%) instead of $APPLE or $BAYN (+0.72%) instead of $BAYER. Steve Jobs can't tell me that there was nothing better than writing Apple with two A's back then.
And of course there are $AFX (+3.79%) and $KO (-0.6%) the ticker has nothing to do with the actual name.
Finally, there is also the faction that simply uses the classic $C (-2.38%) , $O (-1.52%) , $V (-1.41%) or $F (-0.63%) which at least makes sense because it really is much shorter.