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

Of course, you can make it as easy as Okta and $OKTA (-0,93 %) or just take Meta $META (-1,12 %) , $UBER (-0,87 %) , $SAP (-1,86 %) etc. or you can be clever like Porsche with $P911 (-0,99 %) or Salesforce with $CRM (-0,42 %) 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 (-2,59 %) , $PEP (+0,41 %) or $TSLA (-2 %) and there are really crazy ones that simply use $AAPL (-0,56 %) instead of $APPLE or $BAYN (-0,86 %) 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 (-2,19 %) and $KO (+0,46 %) the ticker has nothing to do with the actual name.

Finally, there is also the faction that simply uses the classic $C (+0,6 %) , $O (+0,07 %) , $V (-0,01 %) or $F (-1,04 %) which at least makes sense because it really is much shorter.