Walmart Inc. Common Stock (WMT) Formally Relocates On NASDAQ

By Fatima Gulzar | December 13, 2025, 12:41 PM

Walmart Inc. Common Stock (NASDAQ:WMT) is among the 12 Best Performing Dow Stocks in 2025

Walmart Inc. Common Stock (WMT) Formally Relocates On NASDAQ

According to The Fly, Walmart Inc. (NYSE:WMT) formally relocated its primary listing from the New York Stock Exchange to Nasdaq on December 9, 2025, and kept its “WMT” trade symbol.

Jefferies characterized the move as “far more substantive than symbolic. The firm noted the potential Nasdaq 100 inclusion, incremental passive inflows from index-tracking funds, and confirmation of Walmart Inc. Common Stock (NASDAQ:WMT)‘s standing as a technologically advanced omnichannel retailer. The firm also noted that the company’s recent “beat & raise” report confirms its tech-forward growth narrative, maintaining a Buy rating with a $125 price target.

CNBC published on the same day that CEO Doug McMillon pointed out Walmart Inc. (NYSE:WMT)’s transformation into a tech-enabled e-commerce giant, mentioning advancements in AI and technology as the main cause of the listing switch. The business has integrated AI and automation into its in-store business, including digital ink displays and smart shopping carts, as well as inventory management and logistics. Walmart Inc. Common Stock (NASDAQ:WMT)‘s AI strategy revolves around its advertising business, which uses first-party shopper data and AI techniques across app, website, in-store, and linked TV platforms. Sparky, the retailer’s artificial intelligence shopping assistant, was also introduced to provide a more customized consumer experience.

Investors, such as Eric Clark, portfolio manager at Accuvest Global Advisors, remarked that Walmart Inc. Common Stock (NASDAQ:WMT)’s everyday low-price strategy, Walmart+ membership service, and adoption of Amazon-like operational tactics had improved e-commerce performance and increased its customer base. Walmart Inc. Common Stock (NASDAQ:WMT) shares are up by 25.76% YTD.

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