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GM is shifting gears to the Nasdaq, trying to draft behind Walmart’s lead

GM shifting its stock listing to Nasdaq while referencing Walmart's lead as a strategic move.

Context

What happened: GM plans to move its stock listing to Nasdaq on Nov. 17, opening the door to possible Nasdaq-100 inclusion and an improved valuation. Why it matters: The listing change could allow GM to join the Nasdaq-100 and may support an improved valuation, per the report.

What changed

GM plans to move its stock listing to Nasdaq on Nov. 17, opening the door to possible Nasdaq-100 inclusion and an improved valuation.

Why it matters

The listing change could allow GM to join the Nasdaq-100 and may support an improved valuation, per the report.

Sources

cnbc