Walmart's Big Switch: From NYSE to Nasdaq
Update: 2025-11-20
Description
Walmart, the worlds largest retailer, is moving its stock from the NYSE to the Nasdaq, marking a significant shift towards technology. This move, expected to happen on December ninth, is part of a growing trend as forty S&P five hundred companies have already made a similar switch. The competition between exchanges is intensifying, with the Nasdaq and NYSE offering incentives to attract companies. Meanwhile, a new player, the Texas Stock Exchange, is set to begin trading in 2026, adding another option for companies. However, more companies are choosing to stay private for longer, avoiding public trading costs and regulations.
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