Key facts
- Fifth Third will transfer its common and preferred stock listings from Nasdaq to the NYSE.
- The listing transfer is expected to be effective November 1, 2024.
Stock exchanges compete for listings from public companies. Moving between exchanges can be driven by various factors, including perceived prestige, cost, market maker support, and investor relations benefits. For investors, the exchange itself typically has minimal impact on the underlying stock's value, though it can affect trading liquidity and visibility.