P

What does it mean?
A Nasdaq stock symbol specifying that it is the company's first class of preferred shares.

In Other Words...
Nasdaq-listed securities have four or five characters. If a fifth letter appears, it indicates that the issue is other than a single issue of common or capital stock.

Related Links
Nasdaq.com - The official site for the Nasdaq.

The Tale of Two Exchanges: NYSE and Nasdaq - Learn some of the important differences between the NYSE and the Nasdaq.

Getting to Know Stock Exchanges - Find out the answers to all the questions you had about stock exchanges but were afraid to ask!

Electronic Trading Tutorial - Learn about the systems that run the market. Topics include market makers, specialists, SuperDOT, ECNs, SOES, Level I, II, and III Access, and more.

Related Terms
Nasdaq | Preferred Stock | Stock Symbol

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