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GM Is Leaving NYSE for the Nasdaq After More Than 100 Years
· 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 move its stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market, effective November 17, 2026. The company cited its technology-driven strategy as the reason for the switch.
Paul Jacobson, Executive Vice President and Chief Financial Officer of General Motors, 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 trade on the NYSE through the market close on November 16, after which they will begin trading on the Nasdaq under the existing ticker symbol “GM.”
General Motors will join the Nasdaq-100 index on January 20, 2026, replacing AstraZeneca. The Nasdaq-100 index tracks 100 of the largest non-financial companies listed on the exchange, and GM’s listing on Nasdaq makes it eligible for potential inclusion in the index, though inclusion is not guaranteed.
The Nasdaq ranks eligible companies by market value on the last trading day of November, which falls on November 30 this year. The company’s move aligns with the index’s annual reconstitution, and Nasdaq’s methodology requires at least three full calendar months of trading history, counting time on the NYSE toward that requirement.
General Motors began trading on the NYSE in 1911, three years after its founding. It is the first time GM has changed its listing venue since joining the NYSE.
The company filed for bankruptcy protection and was delisted in 2009 during the global financial crisis but returned to the NYSE in 2010 in what was then the largest initial public offering in North American history.
GM’s third-quarter 2026 results exceeded expectations, and the company approved a new $20 billion share repurchase program, leading to the stock trading 2.08% higher at $77.90 as of press time.
The company’s shares are expected to remain listed on the NYSE through market close on November 16, after which they will begin trading on the Nasdaq Global Select Market on November 17.
Existing stockholders do not need to take any action, and the stock will continue to trade under the ticker “GM.”
What this adds
Futures for the technology-heavy Nasdaq gained 0.4% on the announcement.
Background
General Motors will switch its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market, effective November 17, 2026.
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.
- 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.
- "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
- On Monday, October 26, 2026, DoorDash ( NASDAQ:DASH ) was reported to be in advanced talks to acquire Instacart for about $17 billion.
- Instacart ( NASDAQ:CART | CART Price Prediction ) shares have climbed about 18% since the close on Thursday, October 22.
- 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.
- Futures for the technology-heavy Nasdaq gained 0.4%.
- GM said on the 27th that it will leave the NYSE and transfer to Nasdaq on Nov. 17.
- “No one can come up with an appropriate answer because there is none,” said Alexus Lawson, a 28-year-old carriage driver from Queens who grew up with horses and has worked as a riding instructor.
Sources
- Eletric-Vehicleslink
- Fox Businesslink
- Seoul Economic Dailylink
- Theevreportlink
- Warpbeatlink
- 247Wallstlink
- Celluloidjunkielink
- Marketbeatlink
- Simplywalllink
- Thenationalheraldlink
- WarpBeat — background on GM Moves Stock Listing from NYSE to Nasdaq link
- WarpBeat — background on GM Switches Stock Listing from NYSE to Nasdaq link
- Bloomberg Podcasts — video link