L
What is 'L' The fifth character added to a stock symbol listed on the Nasdaq to denote a miscellaneous situation. When L is present as the fifth letter of a Nasdaq ticker symbol, it indicates a subordinate issue including certificates of participation, preferred participation and stubs, which represents a stock that is made up of the converted...
C. Michael Armstrong
DefinitionC Michael Armstrong is an American business executive and former AT&T chairman and CEO. He tried to reestablish AT&T as an end-to-end carrier but, due to the dot-com bust and various other issues, he was forced to break the group up in 2001. He resigned in 2002 and was succeeded by AT&T President David Dorman. C. Michael Armstrong ...
Painting The Tape
What is painting the tape and how does it work When it comes to investments, there's always the risk of manipulation. One type of manipulation that commonly occurs is painting the tape. This is when trading activity is artificially generated in order to create the false impression of market momentum in a particular direction. For example, let's say a group...
A
What is 'A' A Nasdaq stock symbol specifying that the stocks are Class "A" shares of the company. Explaining 'A' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. A What is 'A'...
B
What is 'B' A Nasdaq stock symbol specifying that the stock is Class B shares of the company. Explaining 'B' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading Chaos and...
GBP
What does 'GBP' mean GBP is the abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories of South Georgia, the South Sandwich Islands and British Antarctic Territory and the U.K. crown dependencies: the Isle of Man and the Channel Islands. The African country of Zimbabwe also uses the pound. The British pound...
D
What is 'D' A Nasdaq stock symbol specifying that the stock is a new issue. Explaining 'D' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock Further Reading An empirical comparison of published...
C
What is 'C' A Nasdaq stock symbol indicating the issuer has been granted a continuance in Nasdaq under an exception to the qualification standards for a limited period. Explaining 'C' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common...
Zacks Lifecycle Indexes
What is 'Zacks Lifecycle Indexes' A series of indexes developed by Zacks Investment Research, Inc., to provide a benchmark for the lifecycle of target-date funds, with a different index for each target date. The Zacks Lifecycle Index constituents include U.S. equities, international equities, and domestic bonds. Explaining 'Zacks Lifecycle Indexes' Lifecycle or target-date funds...
V
What is 'V' A Nasdaq stock symbol specifying that it is when-issued or when-distributed. Explaining 'V' Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. Further Reading Trends in park tourism: Economics, finance...