Twitter Shares To Be Traded on New York Stock Exchange, Not NASDAQ

Facebook's market debut didn't go that well

Twitter shares will trade on the New York Stock Exchange rather than the tech-heavy Nasdaq, which saw major problems in Facebook's market debut in 2012.

An update to Twitter's filing with the Securities and Exchange Commission on Tuesday said: "We intend to list the common stock on the New York Stock Exchange (NYSE)  under the symbol 'TWTR.'"

Twitter's decision to list on the NYSE came after the Nasdaq's foul-up marred the $16bn (£10bn) Facebook share issue in May 2012, the most hotly awaited initial public offering on the US markets in years.