Making Financial Headlines · Page 10
GM Moves to Nasdaq and Hopes a New Address Brings New Attention
· New York time
GM plans to move its stock listing to Nasdaq on November 17, following Walmart's lead. The change could open the door to possible Nasdaq-100 inclusion and an improved valuation, though neither outcome is guaranteed. A listing determines where shares trade, while the company's business still has to support investors' assessment. GM is giving its stock a new address and a possible new audience. The move may improve the scenery, but it does not replace the engine.
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