After 115 years, General Motors is quitting the New York Stock Exchange.
General Motors (GM) plans to move its stock listing from the New York Stock Exchange to Nasdaq on November 17, aiming to align with its tech-focused strategy. The company expects to retain the 'GM' ticker symbol and may become eligible for the Nasdaq-100 Index. GM CFO Paul Jacobson cited the move as a way to create value for shareholders. The transfer does not require action from current shareholders.
How this was made
The 30-second read
Why it matters
The transition to Nasdaq aligns with GM's technology‑driven strategy and may improve visibility among tech‑focused investors.
Market read
A notable corporate action for a large‑cap U.S. stock, potentially affecting liquidity and index composition.
What to watch
Potential inclusion in Nasdaq‑100 could attract passive fund flows.
Background
GM has been listed on NYSE since 1911 and previously moved to NYSE in 2010 after its bankruptcy.
Ticker impact
GM announced it will move its listing from NYSE to Nasdaq effective Nov. 17, a primary corporate action.
likely slight pressure as market prices in the transition
Large‑cap listing moves are uncommon and can affect liquidity and index eligibility, but no direct financial impact is disclosed.
Market effects
May prompt other automakers to consider Nasdaq for tech‑focused positioning.
Minimal impact on broader US market beyond GM's own trading.
Limited to investors tracking large‑cap US equities.
Counterpoint
The move could be seen as a cosmetic change with little long‑term effect on valuation.
Key entities
- CompanyGeneral Motors
US‑listed automaker moving its primary listing from NYSE to Nasdaq.
- ExecutivePaul Jacobson
GM CFO who commented on the strategic rationale.




