Cashtags arrive on Twitter to follow financial information

Twitter has introduced a new feature. Until now we all knew what a hashtag was, a word preceded by the pound sign (#) that allowed us to categorize conversations and follow specific topics that were of interest to us.

Well, now come the Cashtag , by including the dollar symbol ($) in front of the ticker of the action we want to follow, twitter returns financial information about the company.

The ticker is the abbreviation of the security, generally made up of the first three letters or a combination of them.

For example, Telefónica's ticker is TEF, but Facebook's is FB and Apple's is AAPL.

But this new concept is not without controversy as stocktwits already allowed users to search for stocks and discover current trending stocks in the financial sector via Twitter by typing the “$” symbol in front of a word.