The NASDAQ is up today after reports that Facebook would be listing on the exchange earlier today. The company, which is expected to have the highest profile IPO in years, was speculated to have been the subject of a battle between the big exchange operators. Nasdaq OMX Group Inc. (NASDAQ:NDAQ) shares were up 1.11% at time of writing while rival NYSE Euronext (NYSE:NYX) was down 1.26%. Facebook’s decision to list with the Nasdaq possibly says less about the NASDAQ and more about the company’s impending IPO which is creating fevered anticipation in the markets. Exchanges often compete when a high profile…
Nasdaq Goes Up After Facebook Announcement [UPDATE]
HFA Staff
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