Globalstar CEO Paul Jacobs explains why satellite company moved from NYSE to Nasdaq
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Globalstar, a satellite and communications services provider, has moved its listing from the New York Stock Exchange to Nasdaq. CEO Paul Jacobs discussed the company's recent investments in satellite connectivity on CNBC's Squawk Box.
February 11, 2025 | 5:15 pm
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Globalstar has transitioned its stock listing from the NYSE to Nasdaq, which may influence its stock liquidity and investor base. The company is also focusing on new investments in satellite connectivity.
The move to Nasdaq could increase Globalstar's visibility and attract tech-focused investors, potentially boosting stock liquidity and price. The focus on satellite connectivity investments may also enhance growth prospects.
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