U.S. Stocks in Motion | General Motors (GM.US) Surges Over 6% on Plans to Switch to Nasdaq to Rebrand as a Tech Company

Zhitong Finance APP has learned that on Tuesday, General Motors (GM.US) opened higher and moved upward, rising more than 6% as of press time. In terms of news, General Motors plans to transfer its stock listing venue from the New York Stock Exchange to the Nasdaq Global Select Market, a move aimed at positioning this traditional automaker as a technology-forward company embracing autonomous driving and electric vehicles. Amid increasingly fierce competition from emerging electric vehicle manufacturers, General Motors is actively embracing technology. The company previously held an event in New York to showcase upcoming electric vehicle models equipped with advanced driver assistance features and battery technology.