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General Motors to Shift Stock Listing from NYSE to Nasdaq

By Drooid · · How we work

Core Event: Listing Transfer Scheduled for November 2026

General Motors Company announced that its common stock will move from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market. Trading under the ticker “GM” will continue on the NYSE through the close of trading on November 16, 2026, and will begin on Nasdaq on November 17, 2026. No action is required from existing shareholders.

Background and Context

GM first listed on the NYSE in 1911 and briefly relisted there after emerging from a government-backed bankruptcy in 2010. Over the past two decades, a number of large corporations have migrated to Nasdaq to reinforce a technology-focused image and to qualify for the Nasdaq-100 index.

Official Statements & Responses

Chief Financial Officer Paul Jacobson said the move reflects GM’s “customer-focused, technology-driven strategy” and expressed gratitude for the NYSE’s “remarkable legacy.” The company highlighted that the Nasdaq listing will make the shares eligible for possible inclusion in the Nasdaq-100 Index.

Data & Statistics

  • The Nasdaq listing will qualify GM for potential inclusion in the Nasdaq-100, a benchmark of the 100 largest non-financial Nasdaq-listed companies.
  • Nasdaq has indicated that transferred stocks often experience tighter bid-ask spreads and improved liquidity.
  • Following the announcement, GM shares were trading roughly 2.4 % higher in pre-market activity on Tuesday.

Potential Impact

By joining Nasdaq, GM aims to align its market presence with its evolving emphasis on software, electric-vehicle platforms, and autonomous-driving technologies. Eligibility for the Nasdaq-100 could increase visibility among tech-focused investors, while tighter spreads may lower transaction costs for traders. The shift also marks a symbolic departure from the NYSE, where GM has been listed for more than a century.

Verbatim Quotes

  • “GM's customer-focused, technology-driven strategy is creating value for our stockholders, making Nasdaq a natural home for our listing as we grow,” — GM CFO Paul Jacobson