What Is H?

The letter H appears as the last character in the symbols of certain stocks traded on the NASDAQ stock exchange. This 澳洲幸运5官方开奖结果体彩网:fifth-letter identifier is attached to the issuing company's stock when it se𝕴lls securities with a second convertible bond.

Understanding H

NASDAQ-listed securities historically had four ch🧸aracters. Since 2007, NASDAQ-listed stocks may have as li🐓ttle as one letter in their ticker symbols.

And, some symbols have five letters. If a fifth letter appears, it identifies the issue as other than a single issue of common🐠 stock or capital stock.

In other words, fifth-letter identifiers are used to denote the existence of additional circumstances related to a company's stock.

Other common fifth-letter identifiers include A (class A shares), B (class B shares), G (first convertible bond), K (non-voting shares), Q (bankruptcy), W (warrants), and Z for miscellaneous.

Each letter of the alphabet has a specifi🐻c NASDAQ meaning. When a stock has a fifth letter after its ticker symbol, further research is needed to determine why the letter has been added.

Confusion is justifiable. For example, the letter H is also the stock♈ ticker symbol of Hyatt Corp. but Hyatt is not an H stock.

About NASDAQ

The National Association of Securities Deal🔴ers Automated Quotations, or NASDAQ, is a global electronic marketplace for buying and selling securities as well as the benchmark index for U.S. technoܫlogy stocks.

NASDAQ was created by the 澳洲幸运5官方开奖结果体彩网:Nation🃏al Association of Securit🐻ies Dealers (NASD) to provide investors and traders with a computerized, speedy, and transparent system. It has been operating since Feb. 8, 1971.

The term NASDAQ is also used to refer to the NASDAQ Composite, an index of more than 3,000 stocks listed on the NASDAQ exchan෴ge that i𝐆ncludes many of the world’s foremost technology and biotech giants.

The NASDAQ computeri🌌zed trading system was devised as an alternative to the inefficient specialist system, which had been the prevailing model for almost a century. The rapid evolution of technology made its electronic trading model the standard for markets worldwide.

As it was a leader in trading technology, the world’s technology giantཧs chose to list on the NASDAQ in their early days. As the technology se🤪ctor grew in prominence in the 1980s and 1990s, the NASDAQ became the most widely followed proxy for this sector.

NASDAQ Three-Tiered Market

The Capital Market is an equity market for 澳洲幸运5官方开奖结果体彩网:small-cap companies. Listing requi💜rements are less stringent than for other ꦆNASDAQ markets that list larger companies with significantly higher market capitalization.

The Global Market consists of 1,450 mid-cap stocks that meet NASDAQ's financial and liquidity requirements and corporate governance standard♕s.

The Global Select Market is a market capitalization-weighted index ma🧸de up of 1,200 US-based and international large-cap stocks that represent the Global Select Market Composite.