General Motors will move its common stock listing to the Nasdaq Global Select Market from the New York Stock Exchange, with Nasdaq trading set to begin on Nov. 17.
The ticker stays "GM," and the shares trade on the NYSE through the close on Nov. 16.
Existing shareholders do not need to take any action on the transfer, the company said. The automaker carries a market value of roughly $64.4B, per LSEG data.
Nasdaq-100 eligibility is part of the draw
A Nasdaq listing makes GM eligible for possible inclusion in the Nasdaq-100 Index, a group tracked by some of the largest exchange-traded funds in the market.
Nasdaq said in 2024 that companies switch for reasons including index inclusion, a cost effective fee structure, brand visibility, and investor relations products.
The exchange has also said transferred stocks often get tighter bid-ask spreads and better liquidity, meaning cheaper and easier trading.
GM joins a list of large companies that have left the NYSE for the tech-heavy exchange in recent years.
Recent High-Profile Migrations from NYSE to Nasdaq
A timeline of major companies switching primary listing exchanges.
| Company | Status of move | Date/timing |
|---|---|---|
| Walmart | Completed move to Nasdaq | Recent years |
| DoorDash | Completed move to Nasdaq | Recent years |
| Palantir Technologies | Completed move to Nasdaq | Recent years |
| Hilton Worldwide Holdings | Announced plans to move | Announced week of Oct. 20, 2026 |
| General Motors | Announced transfer, trading begins on Nasdaq | Nov. 17, 2026 |
The swap for a tech label
GM first listed on the NYSE in 1911, and relisted there in 2010 after a government-backed bankruptcy.
The switch lands a week after GM held a technology event where executives walked through plans for artificial intelligence and self-driving vehicles.
The company is spending on "eyes-off" autonomous driving for some models, a system that lets a driver stop watching the road, as it hunts for new revenue streams.
GM is also building a new software backbone for future vehicles to run that automated-driving system and other digital features it expects drivers will pay for.
Management ties the listing to that strategy.
"GM's customer-focused, technology-driven strategy is creating value for our stockholders..."
Paul Jacobson, General Motors
Jacobson, GM's executive vice president and chief financial officer, also credited the company's long partnership with the NYSE.
Legacy automakers face higher costs while trying to build cheaper, software-heavy vehicles to compete with Chinese rivals.
GM becomes the first legacy automaker listed on the Nasdaq.
