SouthState Announces Transfer Of Listing of Common Stock To NYSE
Portfolio Pulse from Benzinga Newsdesk
SouthState Corporation (NASDAQ:SSB) announced it will transfer its common stock listing from the Nasdaq Global Select Market to the New York Stock Exchange (NYSE) starting December 19, 2023. The stock will retain its ticker symbol 'SSB'. CEO John Corbett expressed alignment with NYSE's tradition of listing leading companies, while NYSE Vice Chair John Tuttle welcomed SouthState, highlighting its 90-year service history in the Southeast and its joining of other leading banks on NYSE.
December 08, 2023 | 9:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SouthState Corporation will transfer its stock listing from Nasdaq to NYSE, which may increase its visibility and potentially attract a broader investor base.
The transfer of SouthState's stock listing to NYSE could be perceived positively by the market as it may enhance the company's visibility among investors and could be seen as a step towards joining the ranks of other prominent banks. This move might attract a broader investor base and could potentially lead to an increase in stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100