Snapchat parent to list on NYSE main board, reports say

Snap, the parent company of social media phenomenon Snapchat, has confirmed it plans an initial public offer on the main on the New York Stock Exchange rather than Nasdaq, in a flotation that could arrive as soon as March.

Snap plans a listing as early as March, people familiar with the matter told the Wall Street journal.

Snap confidentially filed for an IPO in the autumn and is expected to go public with the news later this week.