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The Alibaba stock price range has set at $66 to $66, after the company upped its initial range this week. It's been estimated that the Alibaba IPO could raise up to $24.3 billion, making it the largest initial public offering since Facebook Inc.'s (Nasdaq: FB) $16 billion IPO in 2012.
Because of their similar sizes, and the fact that they're only separated by two years, the Alibaba Group Holding Ltd. (NYSE: BABA) IPO and Facebook IPO have been repeatedly compared to one another.
But these two massive IPOs are very different. Here's why the Alibaba stock price can outperform Facebook's, post-debut…