Facebook picks Nasdaq, sources say

Facebook has decided to list its shares on the Nasdaq under ticker symbol “FB,” according to unnamed New York Times sources.

When the social network first filed for an initial public offering in February, it did not reveal whether it would list shares on the Nasdaq or the New York Stock Exchange. New York Times sources say the company informed the exchanges of its decision this week.

Facebook will join Zynga, Apple and Google, among other notable tech companies on the Nasdaq.

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