Tick, Tick, Tick
I’m used to the tickers on E! and Bravo telling me in plain english the latest while I’m watching re-runs.
CNBC’s ticker is a potpourri of letters, numbers and symbols.
After some research, I cracked the code:
The initial-like letters are the ticker symbol for a specific company.
The # before the @ sign is the # shares sold at the most recent transaction.
The # after the @ sign is the price paid for those share.
The decimal after the # is the difference from yesterday’s price.
If all of this is green and the arrow points up, the stock’s price is on the ups.
(click on the bold-faced vocab word:))
Red and pointing down, today just wasn’t it’s day.
Use this knowledge wisely.
Last week my bestie, Babe, woke up to CNBC on TV after a night with her new flame, a financier.
She commented on the market info from the ticker and he proposed to her on the spot.
She left before the next commercial break. Mazel tov!?
(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)