From ketchup and cheese to sauces and other household food staples, Kraft Heinz Company (KHC) has built a portfolio that has become a familiar name in kitchens worldwide. Now, the food giant is making a small but notable change on Wall Street, and KHC stock investors may want to mark their calendars. No, it is not about a new product hitting grocery shelves. This time, the change is happening on Wall Street.
Kraft Heinz is moving its stock listing from the Nasdaq ($NASX) to the New York Stock Exchange (NYSE) on Monday, Sept. 14. The company has traded on the Nasdaq since 2015, following the merger of Kraft Foods and H.J. Heinz. The food giant has called the NYSE its “natural home” as it moves into what CEO Steve Cahillane describes as its next chapter.
