Projo Biz Blog

A.T. Cross to switch to NASDAQ market

4:59 PM Fri, Sep 05, 2008 |
By Business staff    Email this author |   Email this entry

LINCOLN - A.T. Cross Company announced today that its board of directors has approved the decision to switch the listing of its common stock from the American Stock Exchange to the NASDAQ stock market, effective September 16, 2008.

The company will continue to trade under the symbol ATX.

"This decision was reached after careful consideration of capital market alternatives and analysis of the electronic market model, which provides added visibility to our investors," said David G. Whalen, President and Chief Executive Officer of A.T. Cross. "We believe that NASDAQ's electronic multiple market maker structure will provide our company with enhanced exposure and liquidity, while at the same time providing investors with the best prices, the fastest execution, and the lowest cost per trade."

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