Nov 21, 2025 (MarketLine via COMTEX) --
Walmart plans to switch its primary US stock listing from the New York Stock Exchange to the Nasdaq Stock Market on 9 December 2025.
Walmart Inc., the US retail giant, will transfer its common stock listing and nine bond classes from the New York Stock Exchange (NYSE) to the Nasdaq Stock Market on 9 December 2025, while retaining its ticker symbol WMT.
What is motivating WalmartaEUR(TM)s moveWalmart says the decision is rooted in its long-term strategy: the company is positioning itself as more than just a traditional retailer and increasingly embracing technology, automation and artificial intelligence.
By switching to Nasdaq, Walmart aims to align with an exchange that more closely reflects its aEURoetechnology-forwardaEUR identity, according to its CFO.
Financial strength underpins the shiftThe move comes after a strong third quarter, in which Walmart reported $179.5bn in revenueaEUR"a 5.8% year-on-year increase.
Its adjusted net income for the quarter was $6.14bn, or $0.62 per share, passing many analystsaEUR(TM) expectations.
On the basis of this performance, Walmart raised its sales forecast for the full fiscal year to 4.8 %aEUR"5.1 % growthaEUR"up from its previous target.
What the change means for Walmart and the wider marketFor Walmart, this shift in listing venue carries a strong symbolic weight. By moving to Nasdaq, it is signalling to the market that it sees itself as a modern, tech-enabled omnichannel businessaEUR"not just a bricks-and-mortar retailer.
For investors, the move could make the company more attractive to those who favour growth and technology-driven firms. Nasdaq, long associated with technology and innovation, may bring a different investor mix than the more traditional NYSE.
It is also seen as a meaningful victory for Nasdaq itself: Walmart is one of the largest and most established US companies, and its switch boosts NasdaqaEUR(TM)s clout in the competition between stock exchanges.
Practical and market-structure notes
WalmartaEUR(TM)s bond seriesaEUR"nine different notesaEUR"will also transfer to Nasdaq and will keep their existing trading symbols.
According to its regulatory filing (Form 8-K), trading of WalmartaEUR(TM)s shares and bond listings will end on the NYSE at the close of 8 December 2025, and begin on Nasdaq the next morning.
The listing on Nasdaq will be on its aEURoeGlobal Select Market,aEUR which is the exchangeaEUR(TM)s top tier.
Ultimately, WalmartaEUR(TM)s move is more than a technical change aEUR" it reflects a deeper shift. The company is increasingly presenting itself as a technology-led player, not just a retailer.
For partners, suppliers and other businesses in the retail ecosystem, that could affect how they view WalmartaEUR(TM)s future investments, innovation capacity and strategic direction.
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COMTEX_470421683/2227/2025-11-21T09:46:05
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