Z as the fifth letter of a Nasdaq stock symbol indicates that the listing is a fifth class of preferred, a stub, a limited partnership interest, second class of warrants, or foreign preferred upon issuance.
THIN MARKET is a market in which there is not an abundance of securities available, where any activity, either a purchase or sale, may have a substantial effect on market prices. See TIGHT MARKET.
OUTSTANDING SHARES is the number of shares that are currently owned by all investors. It also includes restricted shares (shares owned by officers and insiders of the company) as well as shares held by the public. Shares that the company has repurchased or retired are not considered outstanding stock.
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