News Corp. Switches Stock Exchanges

Apparently despite News Corp.’s plummeting stock value they are still a desirable to Wall Street! The Times reported today that News Corp. has switched its listing to NASDAQ from the NYSE amid accusations from the NYSE that NASDAQ had “bought the listing with a significant advertising commitment.” We are (not surprisingly) a bit in the dark as to how this works or whether it is common (or even legal) to purchase listings so we checked in with Clusterstock’s