Rise and Fall of Single-Letter Ticker Symbols

(This is completely random, so feel free to move on.) It has largely gone unremarked, but single-letter tickers have really gone out of vogue at the NYSE. While such tickers used to be the ultimate status symbol for upwardly-mobile blue-chip companies, now six such letters are unused — I, J, P, U, W, and Z — and the the value of the rest of the names have declined in relative importance.

Consider the following chart showing single-letter tickers as percentage of NYSE market capitalization over time:

letter-tickers

More here.

Related posts:

  1. Quiz: Stock Ticker Letters
  2. “A” is for Agilent …
  3. The Rise (and Fall?) of the Scraper-conomy
  4. Fun with IPO Data: Low-Rent Logit & the Letter “O”
  5. The Rise & Fall of DVD Sales