Tribune Media is in the process of completing and filing documents with the Securities and Exchange Commission in preparation for listing its stock on a major exchange. Speaking at an investor conference Thursday in New York, Tribune Media CEO Peter Liguori said listing the Chicago-based company’s stock on a major exchange will come “sooner than later.”
The stock opened at $45.10 a share on its first day of trading, 73% above its initial offering price. The stock is now trading on the New York Stock Exchange under the symbol TWTR. It’s the most highly anticipated initial public stock offering since Facebook debuted last year.