Walmart debuts on Nasdaq with opening bell ceremony

Walmart Inc. has rung in a new era as it begins trading on the Nasdaq.

After being listed on the New York Stock Exchange for 53 years, the retailer giant has completed the listing transfer of its common stock and bonds to Nasdaq. Walmart said the move follows an evaluation of several factors, including trading execution, brand alignment and a shared focus on technology-driven innovation to support its position as the world’s leading omnichannel retailer. 

“Our decision to list on Nasdaq reflects Walmart’s deep commitment to innovation and growth as a people-led, tech-powered omnichannel retailer,” said Doug McMillon, president and CEO of Walmart. “Nasdaq’s focus on technology and its support for companies driving digital transformation align perfectly with our strategic vision. This is an exciting next chapter as we continue building a frictionless future for our customers, members, associates and shareholders.”

Walmart debuts on Nasdaq with opening bell ceremony | Chain Store Age

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