NYSE vs. NASDAQ: Who’s Really Winning 2011?
- Tuesday, June 28, 2011, 22:39
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Updated: The original post noted that the average company that lists on the NASDAQ performs better. It also claimed this to be true across industries, but a closer look reveals that the NYSE actually outperforms the NASDAQ in 7 of 12 industries, including the technology sector. This post was updated to reflect as much. The Big Board has been snagging some of the hottest tech IPOs this year with LinkedIn, Pandora, Fusion-io, RenRen, not to mention the transfer of SuccessFactors and other listings from the NASDAQ to the NYSE. I interviewed Scott Cutler, the executive vice president at the NYSE, recently to understand the back story. Cutler was quick to diagnose the situation as a "complete crushing" of the NASDAQ.
http://blogs.forbes.com/nicoleperlroth/2011/06/28/nyse-vs-nasdaq-whos-really-winning-2011/