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.