Facebook Ticker Symbol NASDAQ
April 6, 2012 by staff
Facebook Ticker Symbol NASDAQ, Facebook’s IPO has generated unprecedented interest since it is expected to be the largest offering since Google went public in 2004
Social networking site Facebook, which will soon launch its initial public offering, has zeroed in on the Nasdaq Stock Exchange to list its shares, a media report said.
Billionaire Mark Zuckerberg-led Facebook has chosen the city-based Nasdaq over the New York Stock Exchange for its listing, the New York Times reported.
The social networking site will list its shares under the ticker symbol ‘FB’ on Nasdaq, the Times quoted people with knowledge of the matter as saying.
The report said getting a company like Facebook to list on it is a “significant coup” for Nasdaq, which has been “embroiled in a battle with the New York Stock Exchange for the darlings of Silicon Valley’’.
Companies like LinkedIn and Pandora Media chose NYSE for their listings even as technology giants like Apple and Google have preferred Nasdaq.
“It’s a high-profile win for their listings business,”anlyst Mr Michael Adams said in the report.
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