DoorDash Announces Move To Nasdaq From NYSE
Portfolio Pulse from Benzinga Newsdesk
DoorDash has announced its decision to move from the New York Stock Exchange (NYSE) to Nasdaq. The company is expected to begin trading as a Nasdaq-listed company on September 27, 2023, under the same symbol, 'DASH'.
September 14, 2023 | 9:00 pm
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NEUTRAL IMPACT
DoorDash's move to Nasdaq from NYSE is not expected to have a significant impact on its stock price in the short term. The company will continue to trade under the same symbol, 'DASH'.
The move from one exchange to another is primarily administrative and does not directly affect the company's fundamentals or its stock's intrinsic value. Therefore, it's not expected to have a significant impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100