Delmarva Power owner Exelon moves to tech-friendly NASDAQ

Delmarva Power owner Exelon Corp. is transferring the listing of its shares from the New York Stock Exchange to The Nasdaq Global Select Market.
The transfer reflects Exelon’s desire to be viewed as a clean energy company. Exelon  has a large fleet of nuclear power plants, but does generate electricity from coal. 
Exelon expects its common stock to begin trading on Nasdaq at market open on September 25. The stock will continue to be listed under the ticker symbol “EXC.”
“Nasdaq is the platform that many of the world’s leading innovators call home, and – importantly – shares our commitment to a low-carbon economy and reducing greenhouse gas emissions,” said Exelon CFO Joseph Nigro. “We believe that moving to Nasdaq provides us the most cost-effective channel to connect with investors efficiently through technology. We would also like to thank the NYSE for being our listing partner for the past 18 years.”
“Exelon is a forward-thinking energy company that sets a precedent for the evolving sector. They share our values that ESG and sustainability are imperative to the long-term growth of companies,” said Nelson Griggs, president of the Nasdaq Stock Exchange. “We are thrilled to welcome them to the Nasdaq family of the world’s most innovative companies.”
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