Twitter has finally made a decision and intends to list the common stock on the New York Stock Exchange. Previously we were guessing if it will choose NYSE or NASDAQ. The company will list the common stock under the symbol „TWTR“. Many people are guessing if NYSE had the upper hand, because of the NASDAQ’s massive failure at the Facebook’s initial public offering last year. But despite all these great news regarding initial public offering later this year, Twitter isn’t profitable yet. Last year the company ended up with $79.4 million loss.

 

Via: cnn

Comments are closed.