GM Moves Stock Listing From NYSE to Nasdaq on November 17
General Motors plans to move its common-stock listing from the New York Stock Exchange to Nasdaq on November 17, aligning its market presence with the automaker's technology-focused strategy. The Detroit-based company expects to retain its GM ticker symbol, and existing shareholders will not need to take action, according to the company's announcement on October 27, 2026.
The transfer will make GM eligible for potential inclusion in the Nasdaq-100 Index, which tracks major nonfinancial companies listed on Nasdaq. Eligibility does not guarantee inclusion in the index, according to the announcement.
GM Chief Financial Officer Paul Jacobson linked the decision to the company's strategic direction and its efforts to create value for investors.
"GM's customer-focused, technology-driven strategy is creating value for our stockholders, making Nasdaq a natural home for our listing as we grow," said Paul Jacobson, GM Executive Vice President and Chief Financial Officer. "We're grateful for our long-standing partnership with the New York Stock Exchange and its remarkable legacy."
The move ends a listing relationship that began in 1911, when GM first joined the NYSE. The automaker returned to the exchange in 2010 after a government-backed bankruptcy, according to CNBC.
GM's decision follows a broader trend of companies shifting their listings from the NYSE to Nasdaq. Walmart, DoorDash and Palantir Technologies have made similar moves in recent years, while Hilton Worldwide Holdings announced plans to transfer its listing the previous week.
Nasdaq identified several common reasons for companies to change exchanges in 2024, including opportunities for index inclusion, competitive fee structures, brand visibility partnerships, access to event facilities and investor-relations and environmental, social and governance products.
GM's planned transfer comes one week after the automaker held a technology-focused event at which executives outlined plans for artificial intelligence and self-driving vehicle technologies. The announcement places the listing change alongside the company's broader emphasis on advanced automotive technology.
The automaker has also been aggressively repurchasing its shares. According to CNBC, GM stock had more than doubled since 2024, closing at $76.31 per share on Monday, October 26, 2026. Its market capitalization stood at approximately $64.4 billion.
The exchange transfer is scheduled to take effect on November 17, with GM expected to continue trading under its existing ticker symbol. Current shareholders do not need to make changes to their holdings as a result of the listing move, the company said.
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