Wednesday, October 16, 2013

Twitter will list on the NYSE

Twitter finally decided which exchange to list on. They spurned NASDAQ, which had screwed up the Facebook IPO, and went with the NYSE.
 
In truth, I think it matters like zero to most retail investors which exchange a stock is listed on. I mean, us retail investors simply enter the ticker symbol and the brokerage server automatically handle the rest.
 
But if picking the NYSE help make the Twitter IPO go smoother and give Twitter the cachet of a solid company rather than yet another overhyped flash in the pan, so be it. After all, all I care about is getting in at a cheap price and then capitalizing on the fundamental growth of the company over the coming years.
 
At this point, I'm assuming that the Twitter IPO will occur likely in the second week of November, roughly.

-- Jack Krupansky

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