General Motors moves stock listing to Nasdaq
General Motors announced it will transfer its common stock listing to Nasdaq from the New York Stock Exchange. The legacy automaker expects to begin trading on Nasdaq on November 17 while retaining its ticker symbol.
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GENERAL MOTORS CO will transfer its stock listing to Nasdaq from the New York Stock Exchange, becoming the first legacy automaker on the tech-heavy bourse. The move follows similar shifts by companies like WALMART INC and PALANTIR TECHNOLOGIES INC-A seeking tech-sector alignment. The transition positions the Detroit-based carmaker closer to artificial intelligence and software investors as vehicle technology evolves.
