Gaming equipment and services group Light & Wonder has finalized its delisting from the Nasdaq Stock Market and transitioned to its sole listing on the Australian Securities Exchange (ASX).
The announcement about the transition was made earlier in mid-October, with the company highlighting a suspension of trading from November 12th.
Ahead of the transition, stock prices saw a sharp increase, which tailed off over the course of November 14th.
Results from the company for the third quarter helped prop up investor sentiment, with a 78 percent rise in net income – hitting $114 million. Revenue for the company was up to $841 million, a slight increase from the same period last year.
The group, and its leadership, has continually expressed confidence in the transition to a single listing – with strong potential for benefit.
