General Motors Company (GM)

The company now

General Motors said on 27 October that it will move its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market, keeping the ticker GM 4. The company expects trading on the NYSE to end at the close on 16 November 2026 and to begin on Nasdaq on 17 November 34. Finance chief Paul Jacobson called Nasdaq "a natural home" for the listing, and the release says the move makes GM eligible for possible inclusion in the Nasdaq-100 index 4.

A week earlier GM reported third-quarter revenue of $50.0 billion, up 2.9 percent, and net income of $3.3 billion against $1.3 billion a year before 1. North America's profit margin on the company's adjusted measure, EBIT-adjusted (earnings before interest and taxes, leaving out items GM treats as special), rose to 8.7 percent from 6.2 percent 1. The quarterly report credits lower warranty costs, smaller write-downs on unsold electric vehicles and more full-size pickups sold 2.

The open question is cost 16. Jacobson said commodity, logistics and memory chip costs would weigh about $2 billion on the year 16. He added that a full year of the inflation seen since July would add $1 billion to $1.5 billion of headwind in 2027 16.

Meanwhile the board approved a new $20.0 billion share repurchase program after finishing a $6.0 billion one, and shares outstanding fell to 849 million from 904 million at the end of 2025 1.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.