Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Z

What it is:

Z is an extension to a ticker symbol. It denotes that the security is either a special class of preferred stock, a stub security, represents a limited partnership interest or is a special class of warrants.

How it works (Example):

On the Nasdaq market, for example, the letter Z after the ticker (an XYZ Company security on the Nasdaq would have four letters in its ticker and would look like this, for example: XYZC-Z) to denote that the security is a special class of preferred stock, a stub security, represents a limited partnership interest or is a special class of warrants.

Why it Matters:

Many companies have several different types of securities listed. Extensions help investors understand which securities are which.