Have you ever thought about how companies actually get their ticker symbols?

Of course, you can make it as easy as Okta and $OKTA (+0,05 %) or just take Meta $META (-3,35 %) , $UBER (+0,95 %) , $SAP (+0,5 %) etc. or you can be clever like Porsche with $P911 (-1,32 %) or Salesforce with $CRM (-1,24 %) 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 (+0,1 %) , $PEP (+0,71 %) or $TSLA (+0,32 %) and there are really crazy ones that simply use $AAPL (-1,11 %) instead of $APPLE or $BAYN (-1,19 %) 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 (+1,62 %) 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 (+1,01 %) , $O (+0,65 %) , $V (+1,08 %) or $F (-2,19 %) which at least makes sense because it really is much shorter.