“Facebook Inc. is going to be ringing the Nasdaq Stock Market’s bell,” Chris Dieterich, Jacob Bunge and Steven Russolillo report for The Wall Street Journal.
“Nasdaq OMX Group Inc. scored the planned stock-market listing of the social-media company, according to people familiar with the matter. The win gives Nasdaq one of the most-coveted deals among the new crop of Internet companies and a leg up in the race for technology IPOs,” Dieterich, Bunge and Russolillo report. “Securing Facebook’s listing burnishes Nasdaq’s reputation in the high-tech arena. The exchange is home to firms such as Apple Inc. and Google Inc.”
Dieterich, Bunge and Russolillo report, “Shares in Menlo Park, Calif.-based Facebook will trade under the symbol FB, previous filings said.”
Read more in the full article here.
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