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Rhode Island & Massachusetts News Briefs

P&W Railroad moving from Amex to Nasdaq

WORCESTER – The Providence and Worcester Railroad Co. announced last week that its board of directors approved the decision to transfer its common stock from the American Stock Exchange to The NASDAQ Stock Market.

In a statement, the company said the move will be effective May 14. The Providence and Worcester Railroad Co.will trade trade under the symbol Nasdaq: “PWX.” (READ MORE

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“We believe that NASDAQ’s electronic multiple market maker structure will provide our company with enhanced exposure and liquidity,” said P. Scott Conti, the firm’s president. •

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