BROWSE

L

What is 'L'

The fifth character added to a stock symbol listed on the Nasdaq to denote a miscellaneous situation. When L is present as the fifth letter of a Nasdaq ticker symbol, it indicates a subordinate issue including certificates of participation, preferred participation and stubs, which represents a stock that is made up of the converted bonds of a distressed company.

Explaining 'L'

Generally, common stock will have a four-letter symbol on the Nasdaq. When a fifth letter is added, such as an L or Z, it indicates that the shares are different or special in some way. Depending on the letter used that may mean they are non-voting shares, they are rights, it is a second or third offering or that its part of a reorganization.


Further Reading


An empirical comparison of published replication research in accounting, economics, finance, management, and marketing
www.sciencedirect.com [PDF]
This book presents a variety of computational methods used to solve dynamic problems in economics and finance. It emphasizes practical numerical methods rather than mathematical proofs and focuses on techniques that apply directly to economic analyses …

The impact of math background on performance in managerial economics and basic finance coursesThe impact of math background on performance in managerial economics and basic finance courses
www.jstor.org [PDF]
This book presents a variety of computational methods used to solve dynamic problems in economics and finance. It emphasizes practical numerical methods rather than mathematical proofs and focuses on techniques that apply directly to economic analyses …

The Economics and Financing of Education. A Systems ApproachThe Economics and Financing of Education. A Systems Approach
eric.ed.gov [PDF]
This book presents a variety of computational methods used to solve dynamic problems in economics and finance. It emphasizes practical numerical methods rather than mathematical proofs and focuses on techniques that apply directly to economic analyses …

Trends in park tourism: Economics, finance and managementTrends in park tourism: Economics, finance and management
www.tandfonline.com [PDF]
This book presents a variety of computational methods used to solve dynamic problems in economics and finance. It emphasizes practical numerical methods rather than mathematical proofs and focuses on techniques that apply directly to economic analyses …

On economics and financeOn economics and finance
www.jstor.org [PDF]
This book presents a variety of computational methods used to solve dynamic problems in economics and finance. It emphasizes practical numerical methods rather than mathematical proofs and focuses on techniques that apply directly to economic analyses …



Q&A About L


How do you know if the shares are different or special in some way?

Depending on the letter used that may mean they are non-voting shares, they are rights, it is a second or third offering or that its part of a reorganization.

What are some examples of stocks with an L in their ticker symbols?

Some examples include CPLT, CLMT, and PLCM.

What does the L in a stock symbol indicate?

The L indicates that it is part of a reorganization.