Domino’s Pizza today announced that it will voluntary transfer its stock exchange listing to the Nasdaq Global Select Market effective Dec. 31 after market. The pizza chain’s common stock is expected to begin trading as a Nasdaq-listed security beginning Jan. 2, 2025, retaining its “DPZ” sticker symbol.
Domino’s, founded in 1960, has been trading on the New York Stock Exchange since it went public in July 2004. Its initial public offering price for 24,221,929 shares was then sold at $14 per share. Domino’s now has a market cap valuation of nearly $15.8 billion and its share price closed above $454 on Wednesday. Its shares are up nearly 11% year to date.
The Nasdaq (which stands for National Association of Securities Dealers Automated Quotations) first opened in 1971 as the “world’s first electronic stock market.” While the New York Stock Exchange is larger and older – dating back to 1792 – the Nasdaq costs less for stock listings, according to U.S. News & World Report.
Other restaurant stocks trading on the Nasdaq include Bloomin’ Brands, Cracker Barrel, Cheesecake Factory, Denny’s, First Watch, Papa Johns, Portillo’s, Wingstop, and more. Restaurant companies on the NYSE include Brinker, CAVA, Dine Brands, Chipotle, Dutch Bros, McDonald’s, Yum Brands, and more.
Contact Alicia Kelso at [email protected]
