Macy’s Lands the “M” Ticker

On the NYSE, the most highly prized ticker symbols are the single-letter symbols. That’s only for the very elite.
The NYSE has always kept M and I open, and everyone assumed that was for Intel and Microsoft. Well, they apparently think they’re not going to win Microsoft over.
Today, Macy’s (M) starts trading under M.
Two weeks ago, the company changed its name from Federated Department Stores and it used to trade under FD.

Posted by on June 1st, 2007 at 9:58 am


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