MARKETS

Joy Global moving to NYSE listing

EQUIPMENT manufacturer Joy Global is transferring the listing of its common stock from the NASDAQ...

Donna Schmidt
Joy Global moving to NYSE listing

The company will begin trading on the NYSE December 6 under the ticker name JOY. It will ring the stock exchange’s opening bell the same day.

Until the transfer has been completed, the OEM’s common stock will continue to trade on the NASDAQ under JOYG.

“Joy Global has established itself as a global leader in mining equipment and we operate in over 120 facilities in 17 countries around the world,” chief executive officer Michael Sutherlin said.

“The NYSE gives us the recognition, reach and resources to better serve our needs as we continue to focus our growth on the international markets. As a result, it is another step in creating long-term value for our shareholders.”

Joy Global markets both surface mining equipment under the name P&H Mining Equipment as well as underground mining through Joy Mining Machinery.

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