Facebook is set to be the first social media company listed on the Nasdaq’s public market, trading on the London Stock Exchange under the symbol FBM, according to Reuters.
The stock is expected to be on the first of two occasions this year, with Facebook trading on Nascent’s Nasdaq exchange on Thursday, and on the same day on Nasional’s Nasco exchange on Friday.
It will be the third time Facebook has been listed on a public exchange, after it was on Nascomix in December and on Nascoix in February.
Facebook will be listed in the NasDAQ’s Nascent segment, which trades on Nasex, Nasdaq and Nasdaq-listed exchanges, Nascomics and Nasex.
Facebook is also the first major technology company listed in a Nasdaq listing, with the company being listed on its Nasdaq platform on March 4, 2019.
Facebook’s stock has been a hot topic of discussion for investors for years, as investors have been looking for more opportunities for the social media platform, which is owned by Facebook.
Shares of Facebook have gained more than 80 percent over the last six months, reaching an all-time high of $27.50 per share in October 2017.
The company reported an operating loss of $10.5 billion, according the SEC.