What is 'U'

A Nasdaq stock symbol specifying that the issue is in units.

Explaining 'U'

Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock.

Further Reading

Power laws in economics and finance: some ideas from physics
www.tandfonline.com [PDF]
In an age of rising environmental concerns, it has become necessary for businesses to pay special attention to the resources they are consuming and the long-term effects of the products they are creating. These concerns, coupled with the current global economic crisis …

Institutional contributions to the leading finance journals, 1975 through 1986: A note
www.jstor.org [PDF]
In an age of rising environmental concerns, it has become necessary for businesses to pay special attention to the resources they are consuming and the long-term effects of the products they are creating. These concerns, coupled with the current global economic crisis …

Equity in the finance of health care: some further international comparisons
www.sciencedirect.com [PDF]
In an age of rising environmental concerns, it has become necessary for businesses to pay special attention to the resources they are consuming and the long-term effects of the products they are creating. These concerns, coupled with the current global economic crisis …

The application of continuous-time random walks in finance and economics
www.sciencedirect.com [PDF]
In an age of rising environmental concerns, it has become necessary for businesses to pay special attention to the resources they are consuming and the long-term effects of the products they are creating. These concerns, coupled with the current global economic crisis …