Industry
GM Leaves the NYSE After 115 Years, Moving to Nasdaq on November 17
By CARC Editorial Team · October 29, 2026 · 3 min read
General Motors announced on October 27 that it will transfer its common stock listing from the New York Stock Exchange — where it has traded since 1911 — to the Nasdaq Global Select Market, effective November 17, 2026. The company will keep its “GM” ticker, and existing shareholders do not need to take any action for the transfer to occur.
The move is framed as strategy, not symbolism. CFO Paul Jacobson called Nasdaq a “natural home” for a company pursuing a customer-focused, technology-driven strategy, pointing to GM’s work in electric vehicles, autonomous driving software and software-defined vehicles. A Nasdaq listing also makes GM eligible for future inclusion in the Nasdaq-100 Index, a benchmark tracked by funds managing roughly $1.4 trillion in assets; JPMorgan has projected a December addition, though inclusion is not automatic and depends on index rules and timing.
The market liked the announcement: reports put the stock up 5.54% to $80.54 on the day. The transfer follows GM’s strong third quarter — $3.3 billion in net income and a new $20 billion buyback — and it is a symbolic loss for the NYSE. For car buyers, nothing changes directly; for investors, GM is now asking to be judged, at least in part, as a technology stock rather than a traditional auto stock.
Sources: GM, Particle News