New York Stock Exchange goes public - Stocks & Economy - MSNBC.com
New York Stock Exchange goes public - Stocks & Economy - MSNBC.com
NEW YORK - Investors welcomed the NYSE Group Inc. to Wall Street Wednesday, sending shares of the newly public New York Stock Exchange up 25 percent in its first trading session on the Big Board.
After nearly 214 years as a not-for-profit exchange, the NYSE transformed itself into a public company following its $10 billion acquisition of electronic rival Archipelago Holdings Inc.
NEW YORK - Investors welcomed the NYSE Group Inc. to Wall Street Wednesday, sending shares of the newly public New York Stock Exchange up 25 percent in its first trading session on the Big Board.
After nearly 214 years as a not-for-profit exchange, the NYSE transformed itself into a public company following its $10 billion acquisition of electronic rival Archipelago Holdings Inc.
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