Facebook Likely To Consider Stock Exchange Switching Proposal From NYSE

Posted on May 24 2012 - 6:21am by Editorial Staff

We welcomed Facebook IPO with a huge excitement last week but soon it start fading it up, (see) Facebook IPO investor sues Nasdaq over first day trading delaysNasdaq regrets over Facebook IPO delay on first dayRegulators might review bank’s Facebook allegations, Facebook earnings revision by numbers and Facebook IPO update: Analyst cut its ratings on Nasdaq and a latest to come is that the social giant is reportedly considering a proposal to switch its stock listing to the New York Stock Exchange, reports Bloomberg.

“There have been no discussions with Facebook regarding switching their listing in light of the events of the last week, nor do we think a discussion along those lines would be appropriate at this time,” NYSE spokesman Robert Rendine said in a statement to the media.

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