NYX Nyse Euronext

   By Tess Stynes 
 

Pilgrim's Pride Corp. (PPC) plans to move its stock listing to the Nasdaq Global Market from the New York Stock Exchange later this month, the latest company to switch sides in a listing war between the two big exchanges.

The poultry processor's shares were up 3.5% at $7.41 in recent trading. The stock is up 29% this year.

Pilgrim's Pride, which recently had a market capitalization of $1.85 billion, makes the move Dec. 28. The company will continue to be listed under its current ticker symbol.

Exchange operators NYSE Euronext (NYX) and NASDAQ OMX Group Inc. (NDAQ) also have been vying to win initial public offerings.

NYSE Euronext share rose 21 cents to $23.66. Nasdaq OMX was up 36 cents at $24.56.

Write to Tess Stynes at Tess.Stynes@dowjones.com

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