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GM shares jump 5% after announcing move from NYSE to Nasdaq, opening door to Nasdaq 100 index inclusion.

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27 Oct 2026, 17:53 WIB
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Bullish
GM shares jump 5% after announcing move from NYSE to Nasdaq, opening door to Nasdaq 100 index inclusion.

General Motors announced it will move its stock listing from the New York Stock Exchange to Nasdaq next month, keeping its GM ticker. This move makes GM eligible for inclusion in the Nasdaq 100 index, which has driven a 5% rise in its shares, outperforming rivals Tesla and Ford. The switch reflects GM's strategy to align with its technology-driven growth and broaden its investor base. The next key event is whether GM will be added to the Nasdaq 100, which could further boost its stock or cause the current premium to fade if delayed.

As of Oct 27, 2026 22:12 WIB, General Motors shares on Pluang have risen 6.41% to USD 81.20, outperforming Tesla and Ford which gained 2.83% and 1.38% respectively. GM's market cap stands at $64.79 billion with a dividend yield of 0.94%, while Tesla's market cap is $1.55 trillion and Ford's is $46.18 billion. The notable 6.41% gain highlights strong investor interest coinciding with GM's Nasdaq listing move.

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