OKLAHOMA CITY-Dobson Communications Corp. reported that its class A common stock has been approved for trading on the Nasdaq National Market, and the company expects the move from the Nasdaq SmallCap will be effective at the open of regular trading today. Dobson’s stock will continue to trade under the “DCEL” ticker symbol.
“Moving to the Nasdaq National Market is another step in positioning the company to maximize shareholder value,” said Everett Dobson, chairman, chief executive officer and president of Dobson. “The higher visibility and trading advantages of being on the National Market will benefit all of our shareholders.”