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GM Switches Stock Listing from NYSE to Nasdaq
· Confirmed
In Short: General Motors will move its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market, effective November 17, 2026.
General Motors announced on Tuesday that it will transfer its stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market, effective November 17, 2026. The move aligns with the company's strategy to focus on technology and innovation, making Nasdaq a natural home for its listing as it grows.
Paul Jacobson, Executive Vice President and Chief Financial Officer of GM, stated, 'GM’s customer-focused, technology-driven strategy is creating value for our stockholders, making Nasdaq a natural home for our listing as we grow.' The company's shares are expected to remain listed on the NYSE through market close on November 16, 2026, before transitioning to Nasdaq the following day.
The switch to Nasdaq makes GM eligible for potential inclusion in the Nasdaq-100 Index, which tracks 100 of the largest non-financial companies listed on the exchange. However, inclusion is not guaranteed and will depend on Nasdaq's annual review process, which considers market value on the last trading day of November, falling on November 30, 2026.
GM's shares were trading 2.08% higher at $77.90 as of press time, reflecting positive sentiment around the transition. The company's decision to switch listings follows its third-quarter 2026 results and its plans for a fourth-generation electric vehicle (EV) platform.
The Nasdaq-100 Index will replace AstraZeneca with GM on January 20, 2026, according to Nasdaq. Nasdaq's methodology requires companies to be primarily listed on a U.S. Nasdaq-affiliated exchange, and GM's move meets this criterion.
GM's stock will continue to trade under the ticker symbol 'GM' on the Nasdaq Global Select Market. Existing stockholders do not need to take any action, and the company's shares will retain the same ticker symbol on both exchanges during the transition period.
The timing of GM's switch coincides with the index's annual reconstitution, allowing Nasdaq to consider GM's eligibility for the Nasdaq-100 Index. The methodology requires at least three full calendar months of trading history, but it counts time on the NYSE toward that requirement.
In broader market context, the NASDAQ 100 was up 1.24% on the day of GM's announcement, with several robotics and automation stocks also showing gains. Serve Robotics (NASDAQ:SERV) led the pack with a 13% increase to $5.39, while Ouster (NASDAQ:OUST) shares rose 6% to $41.53 and Symbotic (NASDAQ:SYM) added 4% to $44.76. The ROBO Global Robotics and Automation ETF (NYSE:ROBO) was up 2% to $80.89.
What this adds
The theme fund, the ROBO Global Robotics and Automation ETF (NYSE:ROBO), is up 2% to $80.89, and the NASDAQ 100 is up 1.24% for broader index context.
Aeva Technologies (NASDAQ:AEVA) shares are up 4% to $18.26, and Vishay Precision Group (NYSE:VPG) stock is unchanged/flat at $92.55.
Ouster (NASDAQ:OUST) shares are up 6% to $41.53, while Symbotic (NASDAQ:SYM) stock adds 4% to $44.76.
Meanwhile, Teradyne (NASDAQ:TER) stock is flat at $368.72.
Background
General Motors will move its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market, effective November 17, 2026.
What's confirmed
- General Motors will move its stock listing to the Nasdaq from the New York Stock Exchange, the Detroit carmaker said on Tuesday, a switch that makes it eligible for the Nasdaq-100 index.
- As of press time, the stock was trading 2.08% higher at $77.90.
- Nasdaq ranks eligible companies by market value on the last trading day of November, which falls on November 30 this year, two weeks after GM’s planned move.
- GM shares are expected to trade on the NYSE through the market close on November 16 and to begin trading on the Nasdaq Global Select Market on November 17, the company said.
- “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, Executive VP and Chief Financial Officer.
- The transfer could make GM eligible for inclusion in the Nasdaq-100 Index, which tracks 100 of the largest non-financial companies listed on the exchange, but inclusion is not guaranteed.
- General Motors will move its common stock listing from the NYSE to the Nasdaq Global Select Market, with Nasdaq trading expected to begin Nov. 17 under the GM ticker.
- Existing stockholders do not need to take any action, GM noted.
- "We're grateful for our long-standing partnership with the New York Stock Exchange and its remarkable legacy." GM, which operates the Chevrolet, Buick, GMC and Cadillac brands, has increasingly emphasized advanced vehicle technology as a key part of its long-term growth strategy.
What's still developing
- Serve Robotics ( NASDAQ:SERV ) leads the pack, with SERV stock up 13% to $5.39 as investors reposition into the delivery robot name ahead of Thursday’s report.
- Aeva Technologies ( NASDAQ:AEVA ) shares are up 4% to $18.26, and Vishay Precision Group ( NYSE:VPG ) stock is unchanged/flat at $92.55.
- Meanwhile, Teradyne ( NASDAQ:TER ) stock is flat at $368.72.
- Penguins aren’t exactly known for their capacity for flight, but Penguin Solutions NASDAQ: PENG is proving it can soar.
- While it leans heavily on existing technologies, such as NVIDIA’s NASDAQ: NVDA InfiniBand and Dell’s NYSE: DELL Ethernet fabrics, it ties it all together with a full stack of custom hardware and software.
- Whether GM is added in December is up to Nasdaq’s annual review, and neither company has said it will be.