Twitter chooses NYSE over NASDAQ for IPO
Washington: 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.