In this June 29, 2010 photo, Twitter Inc. spokesman Sean Garrett smiles in an interview with the Associated Press during his visit to Tokyo. Garrett's company is hiring a Washington D.C. representative to promote Twitter's use in politics and hopes to expand that worldwide, he said. "Obviously there is a lot of potential for policymakers, government agencies, politicians of all stripes to use Twitter and to connect with their constituency," Garrett said. (AP Photo/Itsuo Inouye)
However, the microblogging service is "leaning toward" the NYSE, but no official decision has been made, unnamed sources told CNBC.
Whether this means the tech company is really deciding on the NYSE or Nasdaq Stock Market is unknown, but Nasdaq's handling of 2012's Facebook IPO was anything but smooth. Instead it was called a blunder and a fiasco, and it all ended with Nasdaq being sued and paying $40 million to investment firms for its various technical difficulties.