A-Mark Precious Metals to transfer stock listing from Nasdaq to NYSE

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) announced Friday that it will transfer the listing of its common stock from the Nasdaq Global Select Market to the New York Stock Exchange (NYSE). The company stated that trading on Nasdaq is expected to end at the close of business on December 1, 2025, with trading on the NYSE set to begin at the market open on December 2, 2025. The stock has shown strong momentum with a 29.41% price return over the past six months, according to InvestingPro data.

According to the company’s statement, the decision to transfer was authorized by its board of directors and confirmed to Nasdaq. The company’s common stock, with a par value of $0.01 per share, will continue to trade under the ticker symbol AMRK after the transition.

A-Mark Precious Metals is incorporated in Delaware and is based in El Segundo, California. The company is engaged in the wholesale of jewelry, watches, precious stones, and metals.

This information is based on a press release statement filed with the Securities and Exchange Commission.

In other recent news, A-Mark Precious Metals reported a substantial increase in revenue for the first quarter of fiscal year 2026, reaching $3.68 billion. This figure significantly surpassed analyst forecasts of $2.8 billion. Despite this revenue surge, the company experienced a net loss of $0.04 per share. Additionally, DA Davidson raised its price target for A-Mark Precious Metals to $34, up from $29, while maintaining a Buy rating. This adjustment reflects the firm’s anticipation of increased profitability in the second quarter due to higher average spreads. Furthermore, during its annual meeting, A-Mark Precious Metals’ shareholders elected the board, approved executive pay, and confirmed the auditor. These developments were conducted virtually, with participation from shareholders representing 71.32% of the company’s outstanding shares.

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