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.
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.