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Stock impact report

AstraZeneca Shares to Start Trading in US After Listing Upgrade [Yahoo! Finance]

AstraZeneca PLC Ordinary Shares (AZN) 
Last astrazeneca plc ordinary shares earnings: 2/5 04:00 pm Check Earnings Report
US:NYSE Investor Relations: astrazeneca.com/investor-relations.html
Company Research Source: Yahoo! Finance
The drug and vaccine maker is seeking to attract more investors by tilting further toward the US, where it makes almost half of its revenue. It has said the move will give equal weight to its UK, Swedish and US listings. Most Read from Bloomberg ICE Begins Buying ‘Mega' Warehouse Detention Centers Across US LA's $1.2 Billion Graffiti Towers Reach Bankruptcy Exit Deal Congestion Pricing's Unexpected Winners: Suburban Drivers Manchester Shows What UK Economic Revival Can Look Like Forget Free NYC Buses: Just Build 41 Miles of New Subways It reflects the growing importance of the US to AstraZeneca's business and in turn, a relative shift away from its home country as Chief Executive Officer Pascal Soriot looks to the world's largest pharma market for growth. It will be easier for US investors to buy full Astra shares, raising the prospect that the company's London listing could become less relevant. Astra has pledged to invest $50 billion in the US by 2030 amid pressure Show less Read more
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