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

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.

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