General Motors to Move Stock Listing from NYSE to Nasdaq on Nov. 17

General Motors announced Tuesday that it will transfer its stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market. The Detroit automaker stated that the move reflects its growing focus on technology and innovation.

Listing Details and Timeline

According to a filing with the Securities and Exchange Commission, Nasdaq has approved the listing. GM’s shares are expected to begin trading on Nasdaq on Nov. 17, 2026, under the existing ticker symbol "GM." The company said its stock will remain listed on the NYSE through the close of trading on Nov. 16, 2026.

GM Executive Vice President and Chief Financial Officer Paul Jacobson addressed the change in a statement. "GM's customer-focused, technology-driven strategy is creating value for our stockholders, making Nasdaq a natural home for our listing as we grow," Jacobson said. He added, "We're grateful for our long-standing partnership with the New York Stock Exchange and its remarkable legacy."

The company’s board authorized the move on Monday. The board also approved changes to the company's bylaws to update independence criteria for directors to reflect the Nasdaq listing. These changes take effect when trading on the Nasdaq begins. Existing shareholders will not need to take any action as a result of the transfer.

Technology Focus and Recent Moves

The listing change comes as GM continues to invest in technologies aimed at making vehicles safer and more efficient, while expanding its electric vehicle offerings. Last week, GM hosted an event centered on technology where executives outlined plans for AI and autonomous vehicles. The company has stated it is using AI and virtualization to cut its traditional four-to-five-year vehicle development timeline in half.

GM is also introducing a proprietary OnStar AI agent, launching first in the 2027 Cadillac LYRIQ, and targeting eyes-off highway driving by 2028. In an Oct. 21 press release, the company said, "Together, these advances point to a new kind of vehicle—one that gets smarter over time, is easier to build and improve, and makes advanced technology more accessible."

GM is not the only major company to make this switch recently. Walmart moved from the NYSE to the Nasdaq in December 2025. Other companies, including DoorDash and Palantir Technologies, have also moved to the Nasdaq in recent years. Hilton Worldwide Holdings announced plans last week to move its trading to the Nasdaq from the NYSE.

Market Impact and Index Eligibility

The transfer could make GM eligible for inclusion in the Nasdaq-100 Index, which tracks 100 of the largest non-financial companies listed on the exchange. However, the company noted that inclusion is not guaranteed.

GM began trading on the NYSE in 1911 and returned to the exchange in 2010 after a government-supported bankruptcy. Following the announcement, GM stock was up about 2.4% in premarket trading on Tuesday. The stock finished Monday at $76.31, putting the company's total value at about $64.4 billion.

Why it matters

The move signals a shift in how General Motors wishes to be perceived by investors, aligning its market identity with its stated technology-driven strategy. While the transfer has no material impact on dealership operations or business functions, it places GM alongside other major corporations that have recently switched to Nasdaq to highlight their technology components. The decision also opens the possibility of Nasdaq-100 inclusion, which could influence institutional investment flows.

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Sources

• foxbusiness.com: General Motors to move stock listing from NYSE to Nasdaq in technology-focused shift | Fox Business
• finance.yahoo.com: Nasdaq's huge week: GM moves stock listing from NYSE and it bags the Anthropic IPO
• qz.com: General Motors to move stock listing from NYSE to Nasdaq
• news.dealershipguy.com: GM moves stock listing to Nasdaq as automaker accelerates AI, vehicle technology investments

This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.