Twitter is snubbing Nasdaq for the New York Stock Exchange.
The company on Tuesday disclosed plans to list with the NYSE rather than the tech-friendly Nasdaq, whose botched handling of the Facebook IPO last year led to a $10 million fine.
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Twitter's $1 billion IPO is said to be slated for Nov. 15.
The updated filing also revealed that Twitter added 11.7 million monthly users in the third quarter and posted $105.3 million in revenues. The company also lost $9 million in the quarter, demonstrating that it is still not profitable. For the first nine months of 2013, Twitter posted revenues of $422.2 million and lost $44 million.
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Image: Getty/Spencer Platt