NEW YORK-Face­book is in talks with the New York Stock Ex­change to move its stock from the Nas­daq Stock Mar­ket af­ter a botched ini­tial pub­lic of­fer­ing last Fri­day, ac­cord­ing to a per­son fa­mil­iar with the mat­ter. The per­son spoke on the con­di­tion of anonymi­ty be­cause they were not au­tho­rised to speak pub­licly. Face­book's much-an­tic­i­pat­ed IPO was de­layed by a half-hour last Fri­day be­cause of glitch­es on the Nas­daq.

Af­ter pric­ing at US$38, Face­book's stock closed up 23 cents last Fri­day and has been down since. On yes­ter­day, it closed up US$1, at US$32, still down near­ly 16 per cent from the IPO price. The news was re­port­ed ear­li­er by Reuters. NYSE de­clined to com­ment. A Nas­daq spokesman did not im­me­di­ate­ly re­turn a call for com­ment. (AP)