General Motors is transferring the listing of its common stock from the New York Stock Exchange to Nasdaq, making it the first “legacy” automaker to do so. Multiple outlets report that the change takes effect with trading on Nasdaq beginning Nov. 17.
Several sources say GM will keep its existing “GM” ticker symbol after the move. CNBC adds that shareholders do not need to take action, describing the transfer as administrative rather than requiring shareholder decisions. Bloomberg also notes GM will list on the Nasdaq Global Select Market.
Outlets frame the announcement with different emphasis: some focus on Nasdaq’s tech-heavy positioning and GM’s shift away from NYSE; others highlight the expected start date and ticker continuity. One outlet also links the move to GM’s broader technology direction, including automated driving and electric vehicles, while others concentrate on market-structure details and what investors need to know.
