Have you ever thought about how companies actually get their ticker symbols?
Of course, you can make it as easy as Okta and $OKTA (+0.66%) or just take Meta $META (+3.24%) , $UBER (+1.62%) , $SAP (+2.96%) etc. or you can be clever like Porsche with $P911 (+0.6%) or Salesforce with $CRM (+5.04%) 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 (+2.29%) , $PEP (-0.84%) or $TSLA (+6.49%) and there are really crazy ones that simply use $AAPL (+2.87%) instead of $APPLE or $BAYN (+3.44%) 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 (+0.38%) and $KO (-1.76%) the ticker has nothing to do with the actual name.
Finally, there is also the faction that simply uses the classic $C (+4.51%) , $O (-2.72%) , $V (-1.68%) or $F (-1.21%) which at least makes sense because it really is much shorter.