Current:Home > NewsStock symbols you'll LUV. Clever tickers help companies attract investors. -Prime Capital Blueprint
Stock symbols you'll LUV. Clever tickers help companies attract investors.
View
Date:2025-04-13 08:16:22
A clever stock ticker is more than just a gimmick. Whether it's WOOF, EAT, or even the initials of a former president, a memorable stock symbol can help companies attract investors.
One 2006 study from Princeton University psychologists found that stocks with ticker symbols that are easier to pronounce tend to perform better in the days immediately after they start trading. Another from Pomona College in 2019 verified earlier research that found clever tickers tend to perform better, partly because they are more memorable to investors.
“There’s evidence that having a company name and ticker that investors like, that's easy to process, is valuable,” says Russell Jame, associate professor of finance at the University of Kentucky. “It generates more trading in the firm, so that improves the stock liquidity and it also results in a larger breadth of ownership and, ultimately, higher valuation ratios.”
One example of stock-ticker branding could hit the market next week. The parent company of Truth Social, the social media platform that Donald Trump launched after getting booted from Facebook and Twitter after the Jan. 6 Capitol attack, may start trading on the stock market.
The ticker symbol? DJT, for Donald J. Trump.
Here are just some of the more creative stock market symbols trading today.
WOOF: Petco Health and Wellness Company has been trading under the ticker “WOOF” since its IPO in 2021, amid the lockdown-fueled pet boom.
LUV: Southwest Airlines has had close ties to the word “love” since its inception in 1971, when it announced its first service from Love Field in Dallas. The carrier's marketing team leaned into the name, and sold tickets to ride in “LUV seats” and served “LUV bites” and “LUV potions” to customers.
Trump's financial woes:Can Truth Social deal save him from his cash crunch? Maybe.
TAP: Molson Coors Beverage, the parent company to Coors, Blue Moon, Keystone and other adult beverages, tapped into its brewery roots when picking a ticker symbol.
EAT: This one belongs to Brinker International. If the name’s not ringing a bell, you might be more familiar with its restaurant brands: Chili’s Grill & Bar and Maggiano’s Little Italy.
CAKE: What better company to own the CAKE ticker than Cheesecake Factory?
Trump's Truth Social to go public:Social media platform parent company wins merger vote
FIZZ: National Beverage’s portfolio includes LaCroix and several other sparkling waters, juices, energy drinks, and carbonated soft drinks.
PLAY: Dave & Buster’s locations feature restaurants and bars, but the company emphasizes its video arcade offerings with its ticker symbol.
ZEUS: The ancient Greek god is a perfect fit for Olympic Steel Inc., an Ohio-based metals service center.
FUN: Cedar Fair, an amusement park operator, notes that it has “cornered the market on fun" with its ticker symbol.
HOG: The nickname for Harley Davidson motorcycles goes back roughly a century. Ray Weishaar, a member of the company’s factory racing team in the early 1900s, adopted a piglet named Johnnie. The pet became a team mascot and would be carried on victory laps. Harley Davidson bikes would become known as hogs.
veryGood! (745)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Haitian group in Springfield, Ohio, files citizen criminal charges against Trump and Vance
- Kyle Chandler in talks to play new 'Green Lantern' in new HBO series, reports say
- The Daily Money: The high cost of campus housing
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Johnny Depp Addresses Media Frenzy over His and Amber Heard's Legal Battle
- Why could Helene trigger massive rainfall inland? Blame the Fujiwhara effect
- Texas set to execute Travis James Mullis for the murder of his infant son. What to know.
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- When does the new season of '9-1-1' come out? Season 8 premiere date, cast, where to watch
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Arizona Democratic campaign office damaged by gunfire
- Johnny Depp Addresses Media Frenzy over His and Amber Heard's Legal Battle
- GHCOIN TRADING CENTER: A Leader in Digital Asset Innovation
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- A's owner John Fisher's letter sparks inspired news anchor response
- You Need to See JoJo Siwa’s NSFW Cover
- When does the new season of '9-1-1' come out? Season 8 premiere date, cast, where to watch
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
Opinion: Tyreek Hill is an imperfect vessel who is perfect for this moment
Bowl projections: James Madison, Iowa State move into College Football Playoff field
Tren de Aragua gang started in Venezuela’s prisons and now spreads fear in the US
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Opinion: Tyreek Hill is an imperfect vessel who is perfect for this moment
Lady Gaga reveals surprise album and fans only have to wait until Friday for 'Harlequin'
Evan Peters' Rare Reunion With One Tree Hill Costars Is a Slam Dunk