DEFINITION of 'U'

A Nasdaq stock symbol specifying that the issue is in units.

BREAKING DOWN 'U'

Nasdaq-listed securities have four or five characters. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock.

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    A Nasdaq stock symbol specifying that the stock has voting rights.
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RELATED FAQS
  1. Why do some stock symbols have three letters while others have four? What is the ...

    Stocks found on the New York and American Stock Exchange will normally have symbols with three letters or fewer. On the other ... Read Answer >>
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    All of the companies traded on the Nasdaq have four-lettered tickers, which are representative of the actual company. For ... Read Answer >>
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  5. How do I invest in the Nasdaq or the NYSE? Is it even possible? Would I want to? ...

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