tracking stock

noun

: a stock the value of which is linked to the performance of a company division but which does not confer ownership in the company or the division

Examples of tracking stock in a Sentence

Recent Examples on the Web The expert also raised his stock price target on the Liberty SiriusXM tracking stock by $6 to $47. Georg Szalai, The Hollywood Reporter, 2 Jan. 2024 There’s even a Twitter feed entirely dedicated to tracking stock levels of the drink. WIRED, 13 July 2023 Following the completion of the split-off, Liberty Media wants to create a new tracking stock group, the Liberty Live Group. Georg Szalai, The Hollywood Reporter, 17 Nov. 2022 Ford finance chief John Lawler later added that there are no current plans for a spinoff or to create another way for investors to bet on the EV portion of Ford’s business, such as a tracking stock. Mike Colias, WSJ, 2 Mar. 2022 According to GuruFocus Real-Time Picks, a Premium feature, Berkshire upped its holding of the tracking stock by 35.98% on Nov. 1, buying 5.35 million series A shares. Gurufocus, Forbes, 5 Nov. 2021 The tracking stock has a $19.76 billion market cap; its series A shares were trading around $53.16 on Thursday with a price-book ratio of 2.22 and a price-sales ratio of 2.02. Gurufocus, Forbes, 5 Nov. 2021 The company grouped its three investments, including its previous stake in iHeartMedia, as Liberty SiriusXM Group, a tracking stock that trades on the Nasdaq. J. Kim Murphy, Variety, 19 Oct. 2021 MicroStrategy, in other words, is now more of a bitcoin tracking stock than a software stock. Dan Gallagher, WSJ, 9 June 2021

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tracking stock.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1989, in the meaning defined above

Time Traveler
The first known use of tracking stock was in 1989

Dictionary Entries Near tracking stock

Cite this Entry

“Tracking stock.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tracking%20stock. Accessed 27 Apr. 2024.

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