Dealbook Says Facebook (FB) Chose Nasdaq (NDAQ) for IPO; Shares React

April 5, 2012 2:41 PM EDT
Shares of Nasdaq (Nasdaq: NDAQ) jumped nearly 1 percent in late-day trade Thursday following headlines from the New York Times' Dealbook Facebook (FB) has picked the exchange for its public offering.

The stock last traded at $25.59, up about 1.5 percent from Wednesday's closing price.


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