InvestorsHub Logo
Followers 27
Posts 913
Boards Moderated 0
Alias Born 04/16/2015

Re: johnet post# 16113

Thursday, 07/09/2015 12:53:27 PM

Thursday, July 09, 2015 12:53:27 PM

Post# of 127559
When a ticker symbol changes because of a merger, the company being acquired usually gives up its ticker symbol in favor of the acquirer's symbol. Corporate actions such as mergers can often be positive for a company, especially if the company is taken over for a premium over the share price.

Sometimes, a ticker symbol changes because the company has changed its name. For example, when AOL Time Warner dropped the AOL and became simply Time Warner, it changed its symbol from AOL to TWX. A company name change generally doesn't mean much, though you might interpret it as positive sign if it reflects a positive change in the company's overall strategy.



Read more: http://www.investopedia.com/ask/answers/04/022004.asp#ixzz3fPjFgCBR

Do your own DD. Anything I post is for entertainment purpose only and should not assist you in any trading decision based on anything I post.