![]() The stock market can go in one of two directions: it will either go up or down.ĭuring a given time period, if the market is consistently going upwards, it is said to be a bull market. This annual report contains statements from the company management, detailed accounts for the period, and a comparison to the company’s performance in the previous years. At the end of every accounting period, say a year or a quarter, companies prepare an annual report and release it on the Internet for everyone to see. This greatly adds to the speed of trading at times where every second is crucial.Īs a shareholder, you’re a part-owner in the company, and therefore you’re entitled to know how the company is doing financially.īecause shareholders of the company keep changing daily as the shares are traded in the market, companies found an easier way to let everyone know their financial position. These tickers make it easy to display share information on charts because no space is wasted in writing long company names.Īnother advantage of this is that traders can quickly search up stocks that they want to trade in by entering the ticker instead of the company’s name. For this reason, whenever companies register with the stock exchange, they are allotted a ticker/symbol representing the company.įor example, Apple’s ticker is AAPL, Alibaba’s ticker is BABA, and so on. While trading different stocks day in and day out, it might not be easy or convenient for you to remember the names of all the companies you have positions in.
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