Let’s talk stock symbols for a sec. On the NASDAQ, most stock symbols are four letters long. Microsoft is MSFT, Netflix is NFLX, and eBay is—and this’ll blow some minds—EBAY. But every once in a while, we’ll see a NASDAQ symbol with an extra letter attached to the end of it. We call that letter a fifth-letter identifier.
So what does it mean when our fave NASDAQ symbol suddenly shows up sporting a fifth-letter identifier? Well, it means there’s something going on with that company that might impact how its stock is performing. For example, if a company’s code has a Q at the end of it, the company is in bankruptcy. If it has a V after it, the stock is expected to split. Who knew one little letter could tell us so much?
There are currently 26 fifth-letter identifiers—one for every letter of the alphabet, get it?—and if we see a fifth-letter identifier tagging along with a stock we’re interested in, it’s definitely worth finding out what the code means and why it’s there.
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Finance: What is a Routing Number?20 Views
finance a la shmoop what is a routing number of a routing number is so that
wired monies can you know like find their way home yeah think of them like [maze game]
the smell of worm to Canadian geese when you write a check or wire money or do [worms and Canadian geese]
almost anything financial these days the dough is given a kind of custom [card getting swiped]
electronic signature and basically a number a big fat one like this one yeah
and the numbers mean specific things like on a paper check the routing of the
dough you're paying to Lana sim for um you know services rendered comes in two [breakdown of a check]
pieces there's a nine digit routing number aka our TN aka routing transit
number which is here and that number is then mapped to your specific account
number which is here why did you need this number why do you need it at all
well when you suddenly see an item on your bank statement for a payment of [bank statement document]
$350 to Yamaka supply limited and you're about as Jewish as the Pope well you may [Pope Francis in the Vatican]
want your bank to be able to track that sucker down because it was fraud on your
account I'd like to be able to prove that you were not in fact the one who
authorized that payment so your bank can refund you you know your hard-earned
cash all right there we go much better yeah I am
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