Paramount Skydance to move stock listing to NYSE from Nasdaq

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September 25, 2026 5:47 PM EDT

FILE PHOTO: The Paramount logo is shown on one of the studio's structures at the Paramount studio lot in Hollywood, Los Angeles, California, U.S., February 26, 2026. REUTERS/Mike Blake/File Photo

Sept 25 (Reuters) - Paramount ‌Skydance said ​on ​Friday it would move the listing of its Class B common stock from Nasdaq ‌to the New York Stock Exchange.

• Trading ⁠on Nasdaq is expected to end at market close on ‌or around October 5, ‌while trading on the NYSE is expected to begin at market open on October 6.

• The ​two US exchanges have long vied for prominence, with Nasdaq primarily housing tech sector stocks and ⁠the NYSE traditionally anchoring the country's biggest industrial and financial names. The ​rivalry was at its fiercest during the dot-com frenzy of the late 1990s.

• Companies ​typically change listing venues when ‌they see better alignment with an exchange's investor base, technology and services, or ⁠when they want to cut costs tied to listing and compliance.

• Paramount is expected to close its $110 ⁠billion Warner Bros deal soon, after it settled a legal battle ​with a California-led group of US states and a Hollywood writers union earlier this week.

• The company has also ‌set October 5 as the record date for a planned distribution of warrants ‌to eligible holders of its Class B common ⁠stock in connection with ‌its Warner Bros ​deal.

(Reporting by Harshita Mary Varghese and Arasu Kannagi Basil in Bengaluru; Editing by Jonathan ‌Ananda)


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