Anyone know why they would switch from NYSE to Nasdaq?

Anyone know why they would switch from NYSE to Nasdaq?

https://www.cnbc.com/2023/09/14/doordash-will-switch-to-nasdaq-from-the-nyse-in-rare-exchange-hop.html

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Picked up in better indices => boosts share price

I’m reasoning outloud here, It’s not because of trading, due to regulation NMS. However, NYSE specifically assigns dealers to each company for market making, while Nasdaq has a different mechanism. They might be unhappy with how much they’re paying for thay yearly or something along those lines

they wanna be a part of the TWAP botting that the nasdaq is built upon

They're aiming for more volume (which tends to increase price)

Just the mere fact they are switching generates buzz & consequently volume