What is 'X'

1. A Nasdaq stock symbol specifying that it is a mutual fund.

2. A symbol used in stock transaction tables found on the internet and in newspapers to indicate that a stock is trading ex-dividends or ex-rights.

Explaining 'X'

1. 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.

2. Typically after a dividend is paid or a right is distributed, a stock's price will drop by a similar amount. Because of this, it's important for investors to be aware of when a distribution is made so that the depreciation in price is not mistaken for something else.

Further Reading

[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-JRYJ200306004.htm' />An Analysis on Chinese Commercial bank's X-efficiency [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-JRYJ200306004.htm'>PDF]
A power law (PL) is the form taken by a large number of surprising empirical regularities in economics and finance. This review surveys well-documented empirical PLs regarding income and wealth, the size of cities and firms, stock market returns, trading volume …

An empirical comparison of published replication research in accounting, economics, finance, management, and marketing
www.sciencedirect.com [PDF]
A power law (PL) is the form taken by a large number of surprising empirical regularities in economics and finance. This review surveys well-documented empirical PLs regarding income and wealth, the size of cities and firms, stock market returns, trading volume …

Modeling bond yields in finance and macroeconomics
pubs.aeaweb.org [PDF]
A power law (PL) is the form taken by a large number of surprising empirical regularities in economics and finance. This review surveys well-documented empirical PLs regarding income and wealth, the size of cities and firms, stock market returns, trading volume …

Variable rare disasters: An exactly solved framework for ten puzzles in macro-finance
academic.oup.com [PDF]
A power law (PL) is the form taken by a large number of surprising empirical regularities in economics and finance. This review surveys well-documented empirical PLs regarding income and wealth, the size of cities and firms, stock market returns, trading volume …

Solving fuzzy equations in economics and finance
www.sciencedirect.com [PDF]
A power law (PL) is the form taken by a large number of surprising empirical regularities in economics and finance. This review surveys well-documented empirical PLs regarding income and wealth, the size of cities and firms, stock market returns, trading volume …

Chaos in economics and finance
www.sciencedirect.com [PDF]
A power law (PL) is the form taken by a large number of surprising empirical regularities in economics and finance. This review surveys well-documented empirical PLs regarding income and wealth, the size of cities and firms, stock market returns, trading volume …

Internal finance and growth: Microeconometric evidence on Chinese firms
www.sciencedirect.com [PDF]
A power law (PL) is the form taken by a large number of surprising empirical regularities in economics and finance. This review surveys well-documented empirical PLs regarding income and wealth, the size of cities and firms, stock market returns, trading volume …

Trends in park tourism: Economics, finance and management
www.tandfonline.com [PDF]
A power law (PL) is the form taken by a large number of surprising empirical regularities in economics and finance. This review surveys well-documented empirical PLs regarding income and wealth, the size of cities and firms, stock market returns, trading volume …