Analysis
Cypress Semiconductor Corp. to Switch Stock Exchange Listing to NASDAQ on November 12
Cypress Semiconductor Corp. (NYSE: CY) today announced that it will voluntarily transfer its stock exchange listing from The New York Stock Exchange to the NASDAQ Global Select Market, on November 12. The company’s stock will continue to trade under the symbol “CY”. This transfer will be seamless to Cypress investors.
Cypr“Cypress’s innovative programmable and proprietary technologies such as PSoC® and TrueTouch™ have transformed the company, and are changing the way our customers change the world. That’s why Cypress is in so many highly visible products, ranging from touchscreen phones and MP3 players to personal computers, automobiles, servers and microwave ovens,” said Rodgers. “We are excited to join the NASDAQ which is globally recognized as the leading exchange for growth-oriented technology companies.“
“For the past 27 years, Cypress and its CEO T.J. Rodgers have become a symbol of Silicon Valley innovation and market leadership -- from its unique programmable products to the recent spinoff of its SunPower subsidiary,” said Robert Griefeld, CEO of NASDAQ OMX Group Inc. “Cypress has consistently outpaced its market competitors as a result of these innovations. We are pleased to have this distinguished Silicon Valley icon listed on NASDAQ.”
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