Facebook Chooses Nasdaq to List Its Shares

Business

0  Updated at 5:09 am, April 6th, 2012 By: ABC Digital
Share This Story

Peter Foley/Bloomberg via Getty Images(NEW YORK) — As it readies for its initial public offering, Facebook has reportedly chosen a stock exchange to list its shares.

Citing people familiar with the matter, the Wall Street Journal says the social media network will go with Nasdaq and will trade under the symbol FB.  Shares are expected to go on sale as early as next month.

Facebook filed papers online with the Securities and Exchange Commission in February to raise at least $5 billion and begin selling stock this spring.  The IPO is regarded as the year’s most widely anticipated one.

Copyright 2012 ABC News Radio

Stories You May Be Interested In:

McDonald’s Creates Re-engineered Straws for Shamrock Shake

24 Feb 2017

Nate Eaton, EastIdahoNews.com

King’s closing all stores by end of the year

21 Feb 2017

EastIdahoNews.com staff