New York Stock Exchange
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Twitter’s stock slid more than 7 percent on its second trading day Friday, after the popular short messaging service saw a huge first-day pop in what turned out to be a smooth public debut.
The New York Stock Exchange says its test run of Twitter’s initial public offering was a success, as the exchange takes pains to avoid the technical problems that marred Facebook’s debut.
Twitter will be coming off its biggest quarterly loss in the past three years when the online messaging service brings its IPO to the New York Stock Exchange later this fall.