In the weeks following Facebook’s botched debut on the NASDAQ market the two have had a nasty, complicated, break-up—almost.
Like partners locked in an on-again, off-again romance, these two can’t get to the actual splitting up part. Since its glitchy debut, Facebook has threatened to end this thing, pulling its stock off of NASDAQ for a more supportive, stable market.
And the social network almost made the move, but opted to stay in this thing, realizing it would miss the market too much, at least according to The Wall Street Journal’s Aaron Lucchetti, Shayndi Raice and Jenny Strasburg: “Facebook executives have decided to keep the company’s stock listing on the Nasdaq Stock Market, despite lingering frustration with the exchange’s bungling of its widely anticipated initial public offering,” they write.
Source: Yahoo News