Hilton to move stock listing to Nasdaq
Hotel operator Hilton plans to transfer its stock listing from the New York Stock Exchange to Nasdaq. Trading on the new exchange is scheduled to begin on November 5 under the existing ticker symbol.
Insights:
Hilton Worldwide will transfer its stock listing from the New York Stock Exchange to Nasdaq, joining a growing wave of firms seeking exposure to tech-focused investors. The move marks a departure from a decades-long NYSE presence that began in 1946 when the hotel operator became the first lodging company to trade on the exchange. The transition positions the hospitality giant alongside the world's leading innovation-focused firms as competition for growth-oriented capital intensifies.
