News Corp. Stock Moves From NYSE To Nasdaq
With Nasdaq trading higher than the NYSE on Tuesday, News Corp picked a good day to tell its shareholders the stock would begin trading on the tech-heavy exchange. News Corp (NYSE: NWS). which has traded on the NYSE for over 20 years, said that Nasdaq will give its shareholders more up-to-date trading technology. On Nasdaq, News Corp’s Class A common stock will trade under the symbol “NWSA” and its Class B common stock will trade as “NWS.” The transfer will take place on Dec. 29. Nasdaq has been trying to lure other companies from the NYSE, Reuters notes. It recently scored a victory against its rival when regulators ruled that companies moving from the NYSE can keep the same stock symbols on Nasdaq’s exchange. Release.
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Posted In: Media & Publishing, Money, Companies, News Corp.
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