InvestorsHub Logo
icon url

up_and_down16

12/19/12 1:21 PM

#470 RE: up_and_down16 #469

Reeds to Move to NYSE
9:00a ET December 19, 2012 (Benzinga)
Reed's Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food storesnationwide announced today the pending transfer of the listing of itscommon stock from the NASDAQ Global Market ("NASDAQ") to the NYSEEuronext's NYSE MKT ("NYSE MKT"). The Company expects to begintrading on the NYSE MKT on January 2, 2013. The Company's commonstock will continue to trade under the ticker symbol "REED."


Why move to NYSE? It is more expensive to be listed on the big board?