GM will switch to Nasdaq from the NYSE on Nov. 17
General Motors plans to transfer its stock listing from the New York Stock Exchange to the tech-focused Nasdaq, with the move scheduled for November 17. The automaker will maintain its existing ticker symbol, GM. Company officials stated that current shareholders are not required to take any action regarding the exchange transfer. The transition marks a notable shift of a legacy industrial giant to an exchange traditionally favored by technology companies, coinciding with Nasdaq securing the Anthropic initial public offering during the same week.
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- ✓ General Motors will switch its stock listing to Nasdaq from the New York Stock Exchange on November 17.
- ✓ The company expects to keep its GM ticker symbol after the transfer.
- ✓ Shareholders do not need to take action because of the exchange transfer.
What changed
General Motors announced it will officially move its stock listing from the New York Stock Exchange to Nasdaq on November 17.
Live updates
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General Motors to Switch Stock Listing to Nasdaq From NYSE
General Motors plans to transfer its stock listing from the New York Stock Exchange to the tech-focused Nasdaq, with the move scheduled for November 17. The automaker will maintain its existing ticker symbol, GM. Company officials stated that current shareholders are not required to take any action regarding the exchange transfer. The transition marks a notable shift of a legacy industrial giant to an exchange traditionally favored by technology companies, coinciding with Nasdaq securing the Anthropic initial public offering during the same week.
Why it matters
The transition moves a major traditional automaker away from the New York Stock Exchange, where blue-chip industrial companies have historically traded. The shift places General Motors on an exchange more commonly associated with technology firms. The announcement follows a Form 8K filing submitted by the company on October 27.
What is confirmed
- General Motors will switch its stock listing to Nasdaq from the New York Stock Exchange on November 17.
- The company expects to keep its GM ticker symbol after the transfer.
- Shareholders do not need to take action because of the exchange transfer.
What to watch next
- The official completion of the stock exchange transfer on November 17.
- Any further announcements regarding corporate strategy related to the Nasdaq listing.
confidence 100%Sources used for this update (16)
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- CNBC — GM will switch to Nasdaq from the NYSE on Nov. 17
- Bloomberg.com — GM to Move Stock Listing to Tech-Focused Nasdaq, Leaving NYSE
- Investing.com Canada — Form 8K General Motors For: 27 October By Investing.com
- WSJ — General Motors Moving Stock Listing to Nasdaq From NYSE
- Yahoo Finance — Nasdaq's huge week: GM moves stock listing from NYSE and it bags the Anthropic IPO
- Seeking Alpha — General Motors to transfer listing to Nasdaq (GM:NYSE)
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