Learning outcomes.
After watching this video, you will know what stock market tickers are.
You will understand the financial information of
a company as is given in a financial newspaper.
You will understand terms like volume, beta, EPS, etcetera.
Now, that we have covered the basics.
It's time to put this knowledge to work and
actually understand the financial information
that appears in online websites and in financial newspapers.
So, we will basically talk a little bit about, how to look up a ticker symbol.
How to essentially understand the numbers that you actually
get in a financial newspaper, like the Wall Street Journal.
Or if you were to open up, let's say a Google Finance or a Yahoo Finance.
There is a plethora of information that actually comes with each stock.
And we'll actually try to understand those numbers.
So stock exchanges assign each individual stock
a unique ticker symbol for identification purposes.
You usually have to kind of know the ticker symbol
When you're trying to research the stock, or
trying to get quotes on the stock, or if you're placing trade orders.
The term stock ticker refers to, it's a pretty obsolete terminology,
old terminology.
It refers to the now, obsolete telegraph machine.
Which printed really abbreviated,
a company symbols and prices on paper tape.
This was used long, long back.
It used to be used way back in the 1870s to I think 1970s.
By the way, discarded ticker tapes were often used in fact,
thrown out of windows on the Wall Street, as confetti during parades.
And those such events became known as ticker tape parades, by the way.
Today, the old scrolling paper tickers are recalled,
and they've been replaced by electronic display boards, and
display crawls as they're called on financial TV channels and websites.
Stock ticker symbols are usually one to five letters long, and
occasionally contain a period or hyphen to designate a different class of shares.
Some of the oldest and the biggest companies have just one letter or
single-letter stock symbols like say, C for Citicorp,