General Motors Leaves NYSE After 115 Years to Join Nasdaq on November 17

General Motors announced Tuesday that it will transfer its common stock listing from the New York Stock Exchange to the Nasdaq Global Select Market, with the move taking effect on November 17, 2026. The company's board of directors authorized the transfer on October 26, and GM will retain its existing "GM" ticker symbol. Shareholders do not need to take any action as a result of the change.

The switch makes GM eligible for potential inclusion in the Nasdaq-100 index, a significant practical consequence of leaving the Big Board, where GM and its predecessor companies had traded since 1911. Management described the move as better aligned with GM's technology-driven corporate strategy, positioning the Detroit automaker alongside technology-focused companies as it continues to invest in electric vehicles and automated driving. GM follows other large companies including Walmart, DoorDash, Palantir, and Hilton, which have all transferred from NYSE to Nasdaq in recent years.

GM shares rose roughly 5% in Tuesday trading to $79.93, with traders betting on the prospect of Nasdaq-100 inclusion. Tesla gained 3% and Ford edged higher as well. Separately, Reuters reported that General Motors also plans to introduce hybrid versions of its popular three-row SUVs, a strategic pivot after heavy investment in pure electric vehicles, with a reported $2 billion investment to build hybrids at a plant in Lansing, Michigan, as gas-electric models have sold more briskly amid soaring gasoline prices.