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Stock Basics: What is a Ticker Symbol Definition and Meaning

A ticker symbol is a short version of a company name.

Benefits of Ticker Symbols:
-Every ticker symbol is unique (some companies have similar names and this eliminates confusion)
-It is faster to type than a full company name
-Faster for trade executions

Examples:
-McDonald’s = MCD
-Facebook = FB
-Caterpillar = Cat
-Google = Goog

#stockbasics #tickersymbol #tickersymbols #stockticker #stockmarket

Posted at: https://tradersfly.com/blog/stock-basics-what-is-a-ticker-symbol/

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All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.

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