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Tracking Stock
A tracking stock is unique equity offered and issued by a parent company that tracts the financial performance of a segment of the division.
Tracking stocks usually trade in open markets separate from the parent company's stock.
An example of tracking stock is:
Walt Disney Company's subsidiary which it owns fully named: go.com. The company is also known as The Go Network. The stock symbol is GOT.
Its P/E Ratio is 11.38X
I chose this stock because its parent company has a very strong brand and great leadership.
What is the name of thP/E?
Price/Earnings Ratio is used for establishing the value of a company. It measures the current share price against it's earnings per share (EPS).
See the link below for more about stocks:
https://brainly.com/question/7289110
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