GASPARINO: NYSE Making 'Soft Pitch' To Facebook To Switch Exchanges

charlie gasparinoCharlie Gasparino

Fox Business Network’s Charlie Gasparino is reporting that following the Facebook IPO fiasco on NASDAQ, the New York Stock Exchange has been making “soft overtures” to the social network to switch exchanges.   The senior correspondent emphasised that these are soft pitches.

While it’s not common for companies to switch exchanges, it’s not unheard of.  

UPDATE: Reuters is now reporting that the NYSE is courting Facebook and that the social network is considering the exchange’s proposal.

SEE ALSO: REPORT: Traders Are Flipping Out Over Facebook SNAFU, And Want $100 Million From The NASDAQ >



NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.