What Happens When a Stock Symbol Changes It's Name?
Impact
The change of a stock symbol in and of itself has no specific value or meaning. A change may have little consequence to anyone. Changes frequently occur among companies newer to stock exchanges. This also occurs if a company wants trying to find a symbol that has better distinction and name recognition. Changes don't usually disturb trades or markets.
If approval comes I expect to see a brief pop followed by substantial dumpage... most likely the same day. Of course I could be wrong but that's been the pattern so far with all Vakser tickers to date. If it happens again then draw your own conclusions.