Q:

Is Walgreens stock traded on the New York Stock Exchange?

A:

Quick Answer

As of the second quarter of 2015, Walgreens stock is no longer traded on the New York Stock Exchange. At the end of 2014, the company announced its intentions to change its former 87-year WAG ticker symbol and remove itself from both the New York and Chicago Stock Exchanges and trade solely on Nasdaq under the new ticker symbol WBA, as reported by StreetInsider.com.

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Is Walgreens stock traded on the New York Stock Exchange?
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Full Answer

The company's move reflects its reorganization as a holding company after fully acquiring Alliance Boots GmbH, a large European drugstore chain. The new WBA Nasdaq ticker symbol represents the company's new post-merger name, Walgreens Alliance Boots, Inc., as noted by Forbes. The company cited the reduction of administrative costs as a factor in its decision to not maintain multiple exchange listings.

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