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DoorDash will switch to Nasdaq from the NYSE in blow to Big Board - TL;DR CNBC

DoorDash will switch to Nasdaq from the NYSE in blow to Big Board

Publishing timestamp: 2023-09-14 18:33:37


Summary

DoorDash has announced that it will transfer its listing from the New York Stock Exchange (NYSE) to Nasdaq. The company expects to begin trading on Nasdaq on September 27 under the same symbol, "DASH." This move is seen as a potential blow to NYSE, which has been trying to attract more tech company listings. The tech IPO market appears to be picking up, with other companies like Arm and Instacart going public on Nasdaq. DoorDash initially started trading on NYSE in December 2020.


Sentiment: NEUTRAL

Tickers: DASHWISHRBLXABNB

Keywords: new york stock exchangestock exchangesroblox corpcontextlogic incbreaking news: technologygrocery shoppingbusiness newsdoordash inctechnologyairbnb incipo

Source: https://www.cnbc.com/2023/09/14/doordash-will-switch-to-nasdaq-from-the-nyse-in-rare-exchange-hop.html


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