The stock symbol for Ubiquiti is actually UI, not UBNT. UBNT was the symbol for the old name that hasn't been used since 2019. I have no idea why changing the name also changed the stock symbol, but shrug
Thanks, I think. I usually write UBNT because it's distinct and spelling out "Ubiquiti" hurts my soul in ways that I find difficult to properly articulate.
Obviously it's the singular form of Ubuntu. Like, one "ubunt", two "ubuntu", etc.
one ubuntone, two ubuntwo
Stock symbol for Ubquiti, the company being discussed.
The stock symbol for Ubiquiti is actually UI, not UBNT. UBNT was the symbol for the old name that hasn't been used since 2019. I have no idea why changing the name also changed the stock symbol, but shrug
Thanks, I think. I usually write UBNT because it's distinct and spelling out "Ubiquiti" hurts my soul in ways that I find difficult to properly articulate.
But UI just seems so ambiguous. :)
Shorter tickers are considered more valuable, because they are easier to say, type and remember.
A is for Agilent. C is for Citigroup. T for AT&T, the Telephone Company.
Thanks. I wish people could just say the company name instead of using random aliases, but I guess it's some sort of cultural thing.
I think using "poorly known" initialisms is almost always a "I'm in the in group" signaling.
Or just making assumptions about what "everyone" knows. Either way it tends to be a net negative for a large percentage of the audience.
Whether the individuals writing care about the ignorant among the audience determines if they put any effort into being educational or just signaling.
Ubiquity Networks Inc.