Saturday, October 1, 2011

Fitting Stock Ticker Abbreviation

There are some stocks with abbrefiations that make sense based on their company name and others that do not.  Good examples of ones that are intuitive are BUD is Anheuser Busch and NFLX is Netflix.  An illustrative sample of ones that do not would be Altria (MO).  However, there is one stock that could not be abbreviated in a more fitting way.  I am of course talking about aluminum giant, Alcoa.  The ticker symbol for Alcoa is AA, and I don't believe the reason is because of the bookend letters on the company's name as much as it is a preemptive way to combat alcoholism that can result from the stock's performance.

Thinking about it, it's quite brilliant.  Now, whenever shareholders go to look at their portfolios, they will see returns in a deep crimson color, but then they'll see "AA" on their screen, and it will remind them not to drink at a very appropriate time for such a warning.

Lastly, I'd be lying if I said I didn't choose BUD deliberately above knowing what was to come in the post.


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