Have you ever thought about how companies actually get their ticker symbols?
Of course, you can make it as easy as Okta and $OKTA (+0,69 %) or just take Meta $META (+0,4 %) , $UBER (-1,3 %) , $SAP (-0,4 %) etc. or you can be clever like Porsche with $P911 (-1,22 %) or Salesforce with $CRM (+4,64 %) 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 (-5,27 %) , $PEP (+1,38 %) or $TSLA (+9,97 %) and there are really crazy ones that simply use $AAPL (+0,65 %) instead of $APPLE or $BAYN (-1,69 %) 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 (-2,96 %) and $KO (+1,1 %) the ticker has nothing to do with the actual name.
Finally, there is also the faction that simply uses the classic $C (+1,33 %) , $O (+2,65 %) , $V (+1,22 %) or $F (+0,87 %) which at least makes sense because it really is much shorter.