General Motors (NYSE:GM) announced Tuesday that it plans to transfer the listing of its common stock from the New York Stock Exchange to the Nasdaq Global Select Market, with trading on the new exchange scheduled to begin on November 17, 2026.
Shares of the U.S. automaker advanced approximately 2.4% in premarket trading following the announcement.
The company confirmed that its shares will retain the ticker symbol GM after the transfer and that existing shareholders will not need to take any action.
General Motors expects its common stock to continue trading on the New York Stock Exchange through the close of trading on November 16, 2026.
The shares are scheduled to begin trading on the Nasdaq Global Select Market the following day, November 17.
The company will continue using the ticker symbol GM, meaning the exchange transfer will not involve a change to its stock market identifier.
The announcement concerns the exchange on which GM’s common shares are listed rather than a change in the company’s ownership structure.
General Motors linked the planned listing change to its corporate strategy, which places an emphasis on technology and customer-focused products and services.
Paul Jacobson, GM’s Executive Vice President and Chief Financial Officer, said:
“GM’s customer-focused, technology-driven strategy is creating value for our stockholders, making Nasdaq a natural home for our listing as we grow.”
The statement reflects management’s rationale for selecting Nasdaq as the company’s new listing venue.
The transfer will place General Motors alongside other publicly traded companies listed on the technology-focused exchange.
The planned move will make General Motors eligible for consideration for inclusion in the Nasdaq-100 Index.
However, eligibility does not guarantee that the company will become a constituent of the index.
Any future inclusion would depend on the index provider’s selection requirements and review procedures.
General Motors did not announce that it had been selected for the Nasdaq-100 as part of the listing transfer.
General Motors confirmed that shareholders will not be required to take any action in connection with the exchange transfer.
Investors will continue to hold their existing GM shares, with the stock moving from the NYSE to Nasdaq according to the announced timetable.
The company also confirmed that the GM ticker symbol will remain unchanged.
The final scheduled trading session on the NYSE is November 16, with Nasdaq trading expected to commence on November 17.
GM shares increased approximately 2.4% in Tuesday’s premarket trading after the company disclosed its plans to change listing venues.
The movement followed the announcement of the transfer and the company’s explanation of how the decision aligns with its technology-focused strategy.
The supplied information does not establish whether the listing change was the sole factor behind the share price increase.
Investors will be able to monitor the scheduled transition to Nasdaq on November 17, 2026, while the company’s stock continues to trade under the GM ticker symbol.
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