CareTrust REIT Announces Transfer to the New York Stock Exchange
CareTrust REIT (Nasdaq: CTRE) will transfer its common stock listing from Nasdaq to the New York Stock Exchange (NYSE), effective May 23, 2022.
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Rhea-AI Summary
CareTrust REIT (Nasdaq: CTRE) will transfer its common stock listing from Nasdaq to the New York Stock Exchange (NYSE), effective May 23, 2022. This move aims to enhance the company’s visibility and access to potential investors. CareTrust’s President, Dave Sedgwick, expressed optimism about joining the NYSE community and maximizing the platform's benefits. The company is known for its real estate investments in healthcare properties and is focused on growth opportunities across the U.S.
Positive
- Pending transfer to NYSE could enhance visibility and investor access.
- CEO expresses optimism about the benefits of listing on NYSE.
Negative
- None.
Details
News Market Reaction – CTRE
The recorded move for CTRE in the trading session of this news was -1.50%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN CLEMENTE, Calif., May 10, 2022 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq:CTRE) today announced the pending transfer of its common stock from the Nasdaq Global Select Market (“Nasdaq”) to the New York Stock Exchange (“NYSE”). The Company expects its common stock to begin trading on the NYSE at market open on May 23, 2022 under its current ticker symbol “CTRE.” The Company’s common stock will continue to trade on Nasdaq until the transfer is complete.
“We are pleased to partner with the New York Stock Exchange as the new home for our common stock listing alongside many of our industry’s most highly-regarded companies,” said Dave Sedgwick, CareTrust’s President and Chief Executive Officer. “We look forward to working with the NYSE to leverage the full benefits of its platform.”
“We are pleased to welcome CareTrust as it transfers its listing to the New York Stock Exchange and joins our leading community of icons and disruptors,” said John Tuttle, Vice Chair and Chief Commercial Officer, NYSE Group.
About CareTrust™
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States. More information about CareTrust REIT is available at www.caretrustreit.com.
Contact:
CareTrust REIT, Inc.
(949) 542-3130
ir@caretrustreit.com
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