NYSE to conduct 'dry run' ahead of Twitter's IPO
In a move to seemingly avoid technical glitches that marred Facebook's IPO, the New York Stock Exchange will hold a test run later this month.
Here's another one to file under "lessons from Facebook's IPO": the New York Stock Exchange plans to hold a "dry run" ahead of Twitter's initial public offering.
The NYSE, Twitter's according to the Associated Press. The test will be held October 26, according to a note send out to traders, AP reported.for its impending market debut, said Friday it will let trading firms conduct a test of their systems to prepare for Twitter's IPO,
Facebook, of course, had its IPO marred with technical glitches on Nasdaq's system. The exchange ended up beingby the US Securities and Exchange Commission over errors during the social network's IPO. That, along with investor concerns about monetization, added up to a less-than-smooth start for Facebook on the public market. The stock price had a rocky first year, but it has since .
Twitter is expected to go public some time next month,, and will use the ticker symbol TWTR.