Rubicon Project to move listing from NYSE to Nasdaq

Rubicon Project this month announced it will transfer the listing of its common stock from the New York Stock Exchange to the Nasdaq Global Select Market, effective June 9, 2020.

Rubicon Project says its shares will continue to trade under the ticker symbol “RUBI”.

Michael G. Barrett, CEO of Rubicon Project said the “move to the Nasdaq stock exchange allows Rubicon to leverage Nasdaq’s cutting-edge technology and information in serving the shareholders, with a balanced focus on cost efficiencies throughout the organization.”

Last year, Rubicon Project and Telaria merged to capture growth in Connected TV. Rubicon Project’s revenue grew 12% in Q1 2020 but guidance was negative for Q2.