Shopify to Transfer U.S. Stock Listing from NYSE to Nasdaq by March 31

The e-commerce giant's move aligns it with Nasdaq's tech-focused ecosystem and follows strong financial growth.

Shopify will delist its Class A shares from the NYSE on March 28, 2025, and begin trading on Nasdaq on March 31 under the same ticker symbol, 'SHOP'.
The company will maintain its existing listing on the Toronto Stock Exchange without changes.
Shopify reported a 31% year-on-year revenue growth in Q4 2024, reaching $2.8 billion, and more than doubled its profits during the same period.
The announcement led to a nearly 6% increase in Shopify's stock price, reflecting positive investor sentiment.
The move positions Shopify for potential inclusion in the Nasdaq-100 index, which could enhance its visibility and attract institutional investors.