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Domino’s will shift its stock trading to NasdaqDomino’s will shift its stock trading to Nasdaq

The pizza chain has been on the New York Stock Exchange since it went public in July 2004

Alicia Kelso, Executive Editor

December 12, 2024

1 Min Read
Domino's restaurant exterior in Las Vegas
Domino's PizzaPhoto courtesy of Domino's Pizza

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.

Related:Why Domino's may be winning the pricing wars

Contact Alicia Kelso at [email protected]

 

 

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Domino’s Pizza Inc.

About the Author

Alicia Kelso

Executive Editor, Nation's Restaurant News

Alicia Kelso is the executive editor of Nation's Restaurant News. She began covering the restaurant industry in 2010 for QSRweb.com, FastCasual.com and PizzaMarketplace.com. When her son was born, she left the industry to pursue a role in higher education, but swiftly returned after realizing how much she missed the space. In filling that void, Alicia added a contributor role at Restaurant Dive and a senior contributor role at Forbes.
Her work has appeared in publications around the world, including Forbes Asia, NPR, Bloomberg, The Seattle Times, Crain's Chicago, Good Morning America and Franchise Asia Magazine.
Alicia holds a degree in journalism from Bowling Green State University, where she competed on the women's swim team. In addition to cheering for the BGSU Falcons, Alicia is a rabid Michigan fan and will talk about college football with anyone willing to engage. She lives in Louisville, Kentucky, with her wife and son.

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