Sunday, October 20, 2013

Twitter chooses NYSE over NASDAQ for IPO


Washington, Oct. 16 (ANI): Twitter Inc. has reportedly chosen the New York Stock Exchange (NYSE) over NASDAQ for its public debut.


The microblogging site will list under the ticker 'TWTR' for its 1.5 billion dollar IPO, Fox News reports.


According to the report, the company's public debut is expected to take place in the coming months with valuation between 28 dollars to 30 dollars a share.


NASDAQ, which was chosen by social media giant Facebook for its IPO last year, suffered technical glitches during the site's debut and is touted to be the reason for Twitter's preference for the NYSE Euronext. (ANI)



Source: http://news.yahoo.com/twitter-chooses-nyse-over-nasdaq-ipo-040621616--finance.html
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