Friedman Industries announces transfer to Nasdaq

Friedman Industries (FRD) announced it will transfer its common stock listing to the Nasdaq Global Select Market and commence trading effective April 8, 2025, under the symbol “FRD”. The company’s common stock will continue to trade on the NYSE American through market close on April 7, 2025. “As we grow, we want to increase our market visibility and attract more investor capital” said Michael Taylor, President and Chief Executive Officer. “We believe that Nasdaq provides more potential for improved trading liquidity, as well as increased institutional ownership and capital inflows. Listing on Nasdaq aligns with our goal of building Friedman’s long-term equity value.”