Professional investors are as likely as individual investors to mistakenly purchase the wrong stock by choosing a company with a similar name or stock market ticker symbol, according to new findings by Rutgers University‒Camden researchers.
Vadim Balashov and Andrei Nikiforov, both assistant professors of finance at Rutgers University–Camden, found that in companies with similar names or tickers, five percent of their total trading volume was caused by news involving an unrelated company!
Source: news.camden.rutgers.edu
After publishing :
TheXIsNotXSeries: episode1 and TheXIsNotXSeries: episode2 and
which got featured in PublishOx rubric "You May Also Like" , Excelencia's blog got a real boost, thanks to a lot of apparently interested readers.
AMB ≠ AMP ≠ AMPL
Blog: excelencia Published: 29 Aug 2021 Last Modified: 3 days ago
1,846 Views $1.17 Earned 69 Likes 0 Dislikes
Well, this "ticker similaritys" subject is not finished yet...
Read the next in this series:
STX(Stacks) ≠ STX(Stox)
Same tickers, different projects!
Beware of the differences!
1)STX(Stacks): + 50.6%
Snapshot taken on subday, october 10 2021 at 9:05 UTC
What is STX(Stacks)?
STX is the native token of Blockstack. Blockstack is a decentralized smart contract application that is integrated into the Bitcoin blockchain, which allows users to create smart contracts on the Bitcoin blockchain. Essentially, Blockstack is like a plug-in smart contract service for Bitcoin users.Unlike other smart contract blockchains, you can’t create smart contracts on the Bitcoin network, hence why Blockstack was created. Blockstack uses of combination of miners and “stackers” (stakers) to run the Blockstack protocol. Miners “mine” blocks to earn STX token. Whereas stakers “stake” STX tokens to secure the Blockstack network and earn rewards in Bitcoin. STX is an inflationary token, meaning there is no maximum supply. However, inflations rates are set to drop as the network grows
source: livecoinwatch
2)STX(Stox): +42.76 %
What is STX(Stox)
Stox is an open source, Bancor-based prediction market platform that enables anyone to set parameters and make predictions, as well as get rewarded for correct predictions.
Source: livecoinwatch
That's it for now, estimated readers, thanks for Your attention, enjoy Your Day
cheers!
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