this post was submitted on 15 Jul 2024
3 points (71.4% liked)

Stocks

784 readers
1 users here now

A community for discussing stocks.

Rules:

  1. No bigotry: Including racism, sexism, homophobia, transphobia, or xenophobia. Code of Conduct.
  2. Be respectful. Everyone should feel welcome here.
  3. No NSFW content.
  4. No Ads / Spamming.
  5. Be thoughtful and helpful: even with ‘stupid’ questions. The world won’t be made better or worse by snarky comments schooling naive newcomers on Lemmy.

founded 1 year ago
MODERATORS
[email protected]
3
Why did Sentinel One get "S"? (lemmy.world)
submitted 1 month ago by [email protected] to c/[email protected]
2 comments fedilink hide all child comments
 

I always wondered why did some startup get what seems like a specials symbol, just the letter S.

How is that decision made and why was the symbol S free? Is it really special or was it just some coincidence?

top 2 comments
sorted by: hot top controversial new old
[–] [email protected] 2 points 1 month ago (1 children)

Ticker symbols are at the choice of the company as long as it isn’t in use by another company. So when sprint was merged and they stopped trading under S whoever wanted to could grab S to use as their ticker symbol. Some are reserved by the trading exchange though like NYSE holding M and I in reserve in case Microsoft and Intel come to trade there.

[–] [email protected] 1 points 1 month ago

Cool! Thank you for the informative explanation!