The Jacksonville, Fla.-based Class I railroad will switch from the New York Stock Exchange to Nasdaq’s Global Select Market to align with where trading activity is already taking place.
The Jacksonville, Fla.-based Class I railroad CSX Corp. will switch its public listing from the New York Stock Exchange to the Nasdaq Global Select Market Dec. 21, according to news reports.
Frank Lonegro, executive vice president and chief financial officer for CSX, said in a statement that the Nasdaq listing “more closely aligns with the platform where most of our trading activity already takes place.”
According to a report in the Jacksonville Business Journal, CSX has 975 million shares of common stock.
CSX Corp. jumping to Nasdaq