Why You Can No Longer Find Walmart on the NYSE
Summarize this article with:
By Matthew Benjamin – Dec 12, 2025 at 10:34AMKey PointsThe retail giant hopes to emphasize its technology innovation by trading on the Nasdaq exchange. Walmart's stock has skyrocketed in value over the past five decades.These 10 Stocks Could Mint the Next Wave of Millionaires ›NASDAQ: WMTWalmartMarket Cap$921BToday's Changeangle-down(0.26%) $0.29Current Price$115.58Price as of December 12, 2025 at 11:26 AM ETAfter more than 50 years of trading on the New York Stock Exchange, Walmart has made a change.Are you looking for the Walmart (WMT +0.26%) ticker on the New York Stock Exchange? After more than half a century trading on the NYSE, you'll no longer find Walmart there. The retailing behemoth just moved its listing from the NYSE to the tech-heavy Nasdaq exchange. Its first day of trading on the Nasdaq was Dec. 9. ExpandNASDAQ: WMTWalmartToday's Change(0.26%) $0.29Current Price$115.58Key Data PointsMarket Cap$921BDay's Range$115.06 - $116.4852wk Range$79.81 - $116.48Volume196KAvg Vol18MGross Margin23.90%Dividend Yield0.79% Apparently, the company is attempting to position itself as a technology firm. "Nasdaq's focus on technology and its support for companies driving digital transformation align perfectly with our strategic vision," Doug McMillon, president and CEO of Walmart, said in a press release. "This is an exciting next chapter as we continue building a frictionless future for our customers, members, associates, and shareholders." The company has experienced astounding growth over 50 years Walmart first listed on the NYSE on Oct. 1, 1972, at $16.50 a share. Today, the shares trade at around $114. But the stock has split 12 times, most recently in 2024, so the price growth for this company is somewhat misleading.Advertisement Image source: Getty Images. If you had spent $16.50 to purchase one share of Walmart at its IPO, you'd now have 6,144 shares worth $586,076, not including dividend gains. Today, Walmart has a market capitalization of more than $925 billion. It is the largest employer in the U.S. with 1.6 million employees nationwide. And the stock remains a solid investment. It's up more than 28% this year.About the AuthorMatthew Benjamin is a contributing Motley Fool stock market and investing analyst covering publicly-traded companies across all sectors. Prior to The Motley Fool, Matt was a senior markets expert at an investing newsletter in Baltimore, an editorial consultant to the World Bank and the International Monetary Fund (IMF), and an economics correspondent at Bloomberg News. He holds a B.A. from Bucknell University and an M.A. from New York University. Fun fact: Matt has met every Federal Reserve Chair from Paul Volcker through Jerome Powell.TMFMbenjamin68Read NextDec 11, 2025 •By Marc Guberti1 Retail Stock Set to Soar This Holiday Season and BeyondDec 9, 2025 •By Marc Guberti2 Catalysts That Can Drive Walmart Stock Higher in 2026Dec 8, 2025 •By Reuben Gregg BrewerBest Stock to Buy Right Now: Walmart vs. TargetDec 6, 2025 •By Stefon WaltersWhere Will Walmart Stock Be in 5 Years?Dec 4, 2025 •By Jennifer SaibilRead This Before Buying Walmart StockDec 3, 2025 •By David Jagielski, CPAWalmart vs. Costco: What's the Better Retail Stock to Buy Right Now?