What is ‘XW’
A symbol used to signify that a security is trading ex-warrant. XW is one of many alphabetic qualifiers that act as a shorthand to tell investors key information about a specific security in a stock quote. These qualifiers should not be confused with ticker symbols, some of which, like qualifiers, are just one or two letters. The qualifier will follow the ticker symbol and be preceded by a space or hyphen.
Explaining ‘XW’
Warrants are issued by the same company that issued the stock and can be traded with that stock or separately. A stock trading with warrants attached uses the qualifier “ww.” A warrant gives the holder the right, but not the obligation, to purchase additional stock from, or sell stock back to, the issuer at a predetermined price within a specific time frame, usually a few years. A stock that is trading ex-warrant previously had a warrant attached but no longer does. The stock’s price should be lower as a result.
Further Reading
- Capital flight: China's experience – onlinelibrary.wiley.com [PDF]
- Risk identification and assessment in subway projects: case study of Nanjing Subway Line 2 – www.tandfonline.com [PDF]
- Managing risks in green building supply chain – www.tandfonline.com [PDF]
- A multi-attribute group decision-making approach dealing with linguistic assessment information – en.cnki.com.cn [PDF]
- A preliminary floristic study on the seed plants from the region of Hengduan Mountain – en.cnki.com.cn [PDF]
- Further analysis of Chinese investment funds' herding behavior – en.cnki.com.cn [PDF]
- Effects of molybdenum on sperm quality and testis oxidative stress – www.tandfonline.com [PDF]
- Building integrated photovoltaics (BIPV): Costs, benefits, risks, barriers and improvement strategy – www.tandfonline.com [PDF]
- Trollioside, a new compound from the flowers of – www.tandfonline.com [PDF]
