Stock Market Stock Symbol Trivia
Question:
What stock has the stock symbol BTU ?
Answer:
Peabody Energy, which owns coal companies in the United States and Australia. (BTU is a measurement of heat value (energy) and stands for British thermal unit.)
These stock symbols are known as Personalized Stock Symbols (TM), similar to personalized license plates. The symbol spells out a word, which is not a word in the company name and is not the initials of the company name. However, the word does describe the company's business. (Special thanks to InvestmentTrivia.com )
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