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What is a stock symbol? Stock symbols - also known as ticker symbols - are a short series of letters that are assigned to a security - usually a companys stock. There may be many companies with similar names, but each company has its own unique ticker symbol to identify the stock when trading which helps avoid any confusion. The term ticker comes from the sound that was made by the ticker tape machine while printing stock symbols and prices that used to be transmitted over telegraph lines earlier. Does every single security in the world have its own ticker symbol? All publicly traded stocks have tickers. Since ticker symbols are used to identify a stock for trading purposes, private companies that are not listed publicly on a stock exchange do not have a stock symbol. Each company has only one ticker symbol, right? No. Tickers are assigned to stocks. If one company has different classes of stocks, then each class will have a different ticker symbol. For example