What is Z?
Z is an extension to a ticker symbol. It denotes that the security is either a special class of preferred stock, a stub security, represents a limited partnership interest or is a special class of warrants.
How Does Z Work?
On the Nasdaq market, for example, the letter Z after the ticker (an XYZ Company security on the Nasdaq would have four letters in its ticker and would look like this, for example: XYZC-Z) to denote that the security is a special class of preferred stock, a stub security, represents a limited partnership interest or is a special class of warrants.
Why Does Z Matter?
Many companies have several different types of securities listed. Extensions help investors understand which securities are which.
