DEFINITION of 'Q'

A Nasdaq stock symbol specifying that a particular stock is in bankruptcy proceedings.

BREAKING DOWN 'Q'

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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  5. Hard-Coded Stock

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  6. M

    The fifth letter of a Nasdaq stock symbol that specifies the ...
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RELATED FAQS
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    When a ticker symbol of a publicly traded company changes, it generally means one of a few things. Read Answer >>
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    In some cases, a stock ticker symbol on the Nasdaq will have five letters, and the fifth letter is an identifier symbol. Read Answer >>
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