Companies often have fun with their tickers and turn them into a statement of sorts. “It’s an extension of the company’s brand,” says Don Bennyhoff, chief investment officer at Liberty Wealth Advisors, an investment firm.
It’s a question worth asking now that Meta FB, the Mark Zuckerberg company behind Facebook, is changing its ticker symbol from FB to META. Obviously, in this case, the new symbol is the tech giant’s name itself, so the thinking is pretty clear. But other companies often have fun with their tickers and turn them into a statement of sorts.
But maybe they should? In one study from Pomona College, researchers found that a portfolio of “clever ticker” companies “would have beaten the market by a substantial and statistically significant margin” between 2006 and 2018.Cedar Fair: This company is all about amusement parks. As in roller coasters, water rides and lots of family FUN, -2.36%.
Dave & Buster’s: Some may come to this chain’s locations to dine. But more likely, they are there to PLAY, -5.07% the arcade games.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin mining stock report: Friday, June 10Here's how crypto mining companies performed on Friday, June 10.
Read more »
European crypto ETN and ETP report: Friday, June 10Here's how crypto investment vehicles performed in Europe on Friday, June 10.
Read more »
Are you drinking enough water? Here’s how to tellIf you don’t love plain water, add some flair with add-ins like cucumber, lemon, oranges and berries!
Read more »
Popular Phoenix hiking trails close due to excessive heat: Here's when they'll openCamelback Mountain and Piestewa Peak trails will be closed during certain hours June 10-12. Here's when you can and can't hike!
Read more »
Meta-morphosis or More Pain? Possible Futures for Facebook’s Parent CompanyMeta Platforms is facing all kinds of headwinds—from flat user growth to $10 billion in lost revenue this year alone from Apple’s privacy changes. Realizing its transformative goal may depend on successfully building a whole new business for itself.
Read more »
BVTV: Aeroflot grounded | Reuters VideoThe state-owned Russian airline has been crippled by sanctions and a lack of parts. A $3 bln emergency rights issue backed by the government will add to Moscow’s fiscal woes. As its isolation deepens, Pierre Briançon says the rest of the economy will track Aeroflot’s descent.
Read more »