Renasant Announces Transfer Of Listing Of Common Stock To The NYSE From The NASDAQ; Begins Trading On NYSE On Oct. 9 Under "RNST"
Portfolio Pulse from Benzinga Newsdesk
Renasant Corporation has announced the transfer of its common stock listing from NASDAQ to the New York Stock Exchange (NYSE). The company will begin trading on the NYSE on October 9 under the symbol 'RNST'.
September 26, 2023 | 1:19 pm
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NEUTRAL IMPACT
Renasant Corporation's stock will now be listed on the NYSE instead of NASDAQ. This could potentially increase visibility and liquidity for the stock.
The transfer of Renasant Corporation's stock from NASDAQ to NYSE doesn't inherently affect the company's fundamentals or valuation. However, it could potentially increase the visibility and liquidity of the stock, as the NYSE has a larger trading volume. This could attract more investors, but it's not guaranteed to have a significant impact on the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100