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Walmart Begins Trading on Nasdaq in Record Exchange Transfer

The switch signals a push to recast the retailer as a technology-driven company.

Overview

  • Walmart filed a Form 25 with the SEC Monday evening to withdraw from the NYSE, formalizing the move.
  • At roughly $900–$905 billion in market value, the transfer is the largest exchange switch on record.
  • Shares fell about 1.35% Monday ahead of the debut as traders prepared for heavy volume and ETF/index rebalancing.
  • Walmart retained its longtime ticker symbol WMT on the Nasdaq Global Select Market.
  • A separate filing disclosed a routine 668,000‑share transfer within the Walton Family Holdings Trust, and a Florida opioid case involving the company ended in a mistrial, extending legal uncertainty.