tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Light & Wonder to Delist from Nasdaq, Focuses on ASX Listing

Story Highlights
Light & Wonder to Delist from Nasdaq, Focuses on ASX Listing

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh ( (AU:LNW) ) has provided an announcement.

Light & Wonder, Inc. has announced its intention to delist its common stock from the Nasdaq and transition to a sole primary listing on the Australian Securities Exchange (ASX). This strategic move aims to align the company’s capital markets presence with its long-term growth plans and shareholder base, consolidating trading liquidity onto the ASX, which is recognized for its robust understanding of the gaming sector. The delisting process is expected to be completed by November 13, 2025, and may impact the liquidity and trading prices of the company’s common stock.

The most recent analyst rating on (AU:LNW) stock is a Buy with a A$176.00 price target. To see the full list of analyst forecasts on Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh stock, see the AU:LNW Stock Forecast page.

More about Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh

Light & Wonder, Inc. is a leading global games company that operates through three complementary business segments. The company focuses on creating immersive gaming content and experiences, leveraging the talents of its over 6,500 employees. Light & Wonder is committed to high standards of integrity, promoting player responsibility, and implementing sustainable practices.

Average Trading Volume: 248,192

Technical Sentiment Signal: Sell

Current Market Cap: A$9.75B

For detailed information about LNW stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1