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Twitter IPO home still in flux, no decision on NYSE: Sources

Julia Boorstin, Javier E. David
Tuesday, 24 Sep 2013 | 11:10 AM ET
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Not so fast, New York Stock Exchange.

Despite a report that Twitter had chosen to list its initial public offering on the NYSE, sources tell CNBC that Twitter is only leaning toward the Big Board, and that no final decision has yet been made.

(Read more: Cramer: Twitter IPO will be a 'circus')

Although representatives of the NYSE went calling on the microblogging site's San Francisco headquarters recently, sources familiar with Twitter's thinking say the conversation is ongoing. That would mean that a possible listing on the Nasdaq Stock Market remains in play.

Yet the mere suggestion of Twitter—one of the marquee names in technology—making its home at the NYSE may sting. While the Nasdaq is the destination of choice for most tech listings, including Facebook, the market has grappled with a string of high-profile blunders.

Facebook's 2012 IPO was widely considered to have been mishandled, and resulted in the Nasdaq being sued. Meanwhile, a massive outage last month left the stock market red-faced, and is still shrouded in controversy.

--Reporting by CNBC's Julia Boorstin; writing by Javier E. David

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  • Matt Hunter is the senior technology editor at CNBC.com.

  • Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.

  • Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.

  • Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.

  • Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.

  • Mark is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.