Facebook IPO Going To Nasdaq Instead Of NYSE

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Facebook will join Apple, Google and various other tech giants on the Nasdaq stock exchange when it’s IPO finally launches in May 2012.

News of the major coup for the tech-heavy exchange was announced on Thursday.

According to various insiders executives at the New York Stock Exchange had actively campaigned to have the world’s largest social network on their exchange but ultimately Mark Zuckerberg and his crew decided that sitting next to their main competitors was the best decision for the company.

Author: James Kosur

James Kosur has worked in the new media space for the last 10 years, helping many publications build their audiences to millions of monthly readers. He currently serves as the Director of Business Development at Business2Community.com and the CEO of Aven Enterprises LLC.

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