Have you ever thought about how companies actually get their ticker symbols?
Of course, you can make it as easy as Okta and $OKTA (+0,02 %) or just take Meta $META (-0,12 %) , $UBER (-0,09 %) , $SAP (+0,74 %) etc. or you can be clever like Porsche with $P911 (+0,09 %) or Salesforce with $CRM (-0,45 %) 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 (+1,07 %) , $PEP (-0,19 %) or $TSLA (+0,11 %) and there are really crazy ones that simply use $AAPL (-0,14 %) instead of $APPLE or $BAYN (-0,19 %) 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 (+0,69 %) and $KO (+0,09 %) the ticker has nothing to do with the actual name.
Finally, there is also the faction that simply uses the classic $C (-0,02 %) , $O (-0,32 %) , $V (+0,03 %) or $F (-0,18 %) which at least makes sense because it really is much shorter.