Western Digital Corp. today announced that it is transferring its stock exchange listing to NASDAQ Global Select Market from the New York Stock Exchange. WD shares will begin trading on the NASDAQ exchange beginning June 1, 2012, and the ticker symbol will remain WDC.
"This is part of a new beginning for the new WD following our recent acquisition of HGST to become one of the world's leading storage solutions providers," said John Coyne, chief executive officer. "WD is focused on achieving sustained profitable growth and delivering value to our customers and shareholders. Listing our shares with NASDAQ provides us with a cost-effective stock listing and excellent services and public exposure."