There’s 17,576 possible 3-letter stock codes, so I thought the chances of my initials being the same as a publicly listed company’s code would be good. Turns out otherwise.
My wife’s initials however, indicate she has a market cap of just shy of $100b and eighty thousand employees. Seems I unknowingly married into the big leagues of asset management.
So which of you are sharing initials with the stock code of impressively large or cutting-edge companies?
The NYSE allows for 4 letter identifiers, so that gives you over 450,000 combinations. Based on my understanding of the number of publicly traded companies that are listed, and assuming randomly selected identifiers (not likely), there is probably less than a 1 in 50 chance that a random 4 letter code will be an actively traded company.
Just realized that the combinations are even greater in quantity, as the ticker symbol can be 1, 2, 3, OR 4 characters, so there are over 475,000 possible options.
Sure - feel free to check other exchanges as well: Australia, the UK, Hong Kong…
I expect those people with four initials in their name will be less likely to be ‘listed’, but let’s see. I also like the ‘actual name’ as a stock code effort. So both Sid and Bud are listed, but Sue isn’t.
Well, would you look at that? My initials match to the symbol of a cutting edge tech company. I’d invest in them, but not only are they at a near-high, but they’ve been very volatile.
My initials are the listing for a company with 13 employees. It’s a penny stock. It opened at 34 cents, rose to nearly double by late morning and closed at 40 something. We’re on a roll!