GM Stock Rises on Switch From NYSE to Nasdaq -- WSJ
Dow Jones2026/10/27 14:14By Sharon Terlep
General Motors shares jumped this morning after the automaker said it will move its stock listing from the New York Stock Exchange to Nasdaq, a move to position it among the biggest players in tech.
The move sets up GM to capitalize on buying by the massive investment funds that track the index.
GM for years has worked to convince investors that its forays into software-defined vehicles and autonomous driving make it a tech-savvy player, not just an old-school industrial giant.
Wall Street has remained unconvinced. GM trades at a lower price-to-earnings ratio than Ford, while its share-price gains this year have lagged the S&P 500.
The jump to Nasdaq is the latest move by executives to bolster the company's share price. The board last week authorized $20 billion in share buybacks.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 27, 2026 10:14 ET (14:14 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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