Report: Twitter Will List on New York Stock Exchange

It looks like Facebook's IPO debacle may cost the Nasdaq one of the most notable tech IPOs of the year

TheStreet reports hearing from multiple sources close to the situation that Twitter will list on the New York Stock Exchange rather than the Nasdaq in an attempt to avoid some of the technical issues that complicated Facebook's IPO. A glitch with Nasdaq's system delayed trading by 30 minutes on the day of Facebook's IPO and led to multiple lawsuits.

A rep from the New York Stock Exchange declined to comment on the report. Reps from Twitter could not immediately be reached for comment Read more...