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Walmart to Leave NYSE for Nasdaq After 53 Years
Walmart will switch to Nasdaq to reflect its tech-driven strategy while maintaining the WMT ticker; Q3 revenue rose 5.8% to $179.5 billion, company said.
- On Thursday, Walmart Inc. announced it will move its common stock listing to Nasdaq, with trading to begin on December 9, 2025 under ticker WMT and transfer nine bonds.
- John Furner was named CEO last week as Walmart pushes AI adoption across inventory, forecasting, search and advertising, raising forecasts after strong online grocery sales.
- Total revenue rose 5.8% to $179.5 billion, outpacing forecasts, while adjusted earnings were 62 cents per share and the company forecast annual net sales to rise 4.8% to 5.1%.
- John David Rainey framed the move as aligning with Walmart's tech-forward strategy, saying the stock has climbed about 11% this year while shares were flat in premarket trading.
- The move positions Walmart and Nasdaq around shared, technology-forward values and innovation, as Walmart said it will integrate automation and AI to build smarter omnichannel retail experiences.
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Walton Family Net Worth Hits $453 Billion After Earnings
Five members of the Walton family, all related to Walmart Inc. (NYSE: WMT) founder Sam Walton, have a combined net worth of $453 billion. That is greater than Elon Musk’s $425 billion. He tops the Bloomberg Billionaires list. 24/7 Wall St. Key Points Five members of the Walton family have a combined net worth greater than Elon Musk’s. Strong Walmart Inc. (NYSE: WMT) results suggest the family’s net worth will be unbelievably high for years. …
·New York, United States
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Walmart Is Moving Its Listing to Nasdaq From NYSE
The world's largest retailer on Thursday said its shares will begin trading on Nasdaq on Dec. 9 under its current WMT symbol. Walmart said the move "aligns with the people-led, tech-powered approach to our long-term strategy."
·New York, United States
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Total News Sources36
Leaning Left3Leaning Right0Center16Last UpdatedBias Distribution84% Center
Bias Distribution
- 84% of the sources are Center
84% Center
L 16%
C 84%
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