American automaker General Motors will move its shares from the New York Stock Exchange (NYSE) to the Nasdaq starting November 17, reports CNBC. Against the background of the announcement, the company's shares rose by 5.5% on Tuesday and added another 2.4% at the end of trading on Wednesday. With the site change, GM hopes to raise the valuation of the business, attract passive investment through possible inclusion in the Nasdaq-100 index, and also highlight its technological change in the field of electric vehicles and autonomous driving.

American automaker General Motors will move its shares from the New York Stock Exchange (NYSE) to the Nasdaq starting November 17, reports CNBC. Against the background of the announcement, the company's shares rose by 5.5% on Tuesday and added another 2.4% at the end of trading on Wednesday. With the site change, GM hopes to raise the valuation of the business, attract passive investment through possible inclusion in the Nasdaq-100 index, and also highlight its technological change in the field of electric vehicles and autonomous driving.