Overview
- Walmart said its shares will begin trading on the Nasdaq Global Select Market on December 9 and will keep the WMT ticker.
- The company will also move the listings of nine corporate bonds to Nasdaq.
- CFO John Rainey framed the switch as aligned with a people-led, tech-powered strategy that leans on automation and artificial intelligence across operations.
- News outlets reported the change as the largest exchange transfer by market value, with Walmart worth about $802 billion.
- Analysts said the move could shift Walmart’s investor base with potential Nasdaq-100 inclusion, reflecting a wider trend of big-company switches as Nasdaq outpaces NYSE in 2025 listings.