Twitter Inc.'s decision to list on the New York Stock Exchangeis a victory for the Big Board that opens the door for moreInternet listings.

Twitter, which announced the decision in a regulatory filingyesterday, joins Pandora Media Inc., LinkedIn Corp. and Yelp Inc.as Internet companies that chose the NYSE since 2011. While NasdaqOMX Group Inc. scored a coup by landing the Facebook Inc. initialpublic offering in 2012, its reputation was tarnished by a softwaremalfunction that delayed trading for the social network.Competition for IPOs is critical for both exchanges, which getabout a fifth of revenue from listing fees.

“Companies like to list where other, similar companies arelisted,” Richard Kline, a Menlo Park, California-based partner atthe Goodwin Procter law firm who focuses on technology companyfunding, said in a phone interview. “Anybody associated with theoffering will get an uplift from it, and next time they meet with acompany's board they can say 'we won Twitter.'”