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What Is Behind The Move In GM Stock?

General Motors (GM) shares rose 5.5% on Tuesday, October 27, 2026, while the S&P 500 gained 0.6%, the day GM said it will move its listing from the NYSE to Nasdaq and keep the 'GM' ticker. Shares trade on the NYSE through November 16, 2026 and on Nasdaq from November 17, and news reports said the switch could make GM eligible for the Nasdaq-100 Index. News reports also said GM plans to offer hybrid versions of its popular three-row SUVs, a strategic shift after heavy investment in electric vehicles. Tesla rose 4.0%, Rivian 3.4%, and XLY 1.0%, but GM's gain was rare: in the prior 365 days only one other session saw a rise of this size, an 8.7% gain on January 27, 2026. Yet from July 29 to October 27 GM fell 9.7% while the S&P 500 gained 5.8%, and the article points to operating margin of 7.2% of revenue in Q3 2026 versus 2.2% a year earlier as a figure to watch in the Q4 2026 report due January 2027.

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