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SOMERSET, N.J. - CompoSecure, Inc. (Nasdaq:CMPO), a payment technology company with a market capitalization of nearly $2 billion that has seen its stock surge about 69% over the past six months, announced Monday it will transfer the listing of its Class A common stock from the Nasdaq Global Market to the New York Stock Exchange (NYSE) while maintaining its current ticker symbol.
The payment card technology company expects its shares to begin trading on the NYSE on September 23, 2025, when it is scheduled to ring the Opening Bell. The stock will continue trading on Nasdaq until the transfer is complete. According to InvestingPro data, CMPO is trading near its 52-week high of $20.14, reflecting strong investor confidence in the company’s prospects.
CompoSecure’s redeemable warrants to purchase shares of Class A common stock will remain listed on Nasdaq and will not be part of the transfer to the NYSE.
The company, which specializes in metal payment cards and authentication technology, indicated the move to NYSE is intended to provide increased visibility to its investors.
Founded in 2000, CompoSecure develops payment card technology and metal cards with security and authentication capabilities. The company’s shares will continue to trade under the ticker symbol "CMPO" after the transition.
The announcement was made in a press release statement issued by the company.
In other recent news, CompoSecure Inc. reported its second-quarter earnings for 2025, which included a significant miss on earnings per share (EPS) but an impressive revenue beat. The company posted an EPS of -$0.07, falling short of the forecasted $0.21, marking a surprise of -133.33%. However, revenue exceeded expectations, reaching $119.6 million against a forecast of $110.62 million, an 8.11% surprise. Following these results, JPMorgan downgraded CompoSecure from Neutral to Underweight, citing valuation concerns. The downgrade came after CompoSecure shares rallied approximately 25% post-earnings, which featured a return to double-digit growth of 10% and a gross profit margin beat. These developments highlight the mixed reactions from analysts and investors regarding CompoSecure’s financial performance and future outlook.
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