The Alibaba IPO price has been set at $68 per share at the high end of its proposed range.
At that price, Alibaba has raised $21.8 billion through the IPO today. However that total could go even higher - possibly to $25 billion - depending on how many shares the company's underwriters purchase.
Here’s what you need to know about the Alibaba IPO price, as we await the debut of BABA stock…
The Alibaba IPO price has been set at $68 per share at the high end of its proposed range.
At that price, Alibaba has raised $21.8 billion through the IPO today. However that total could go even higher - possibly to $25 billion - depending on how many shares the company's underwriters purchase.
Here’s what you need to know about the Alibaba IPO price, as we await the debut of BABA stock…
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
The Alibaba Group Holding Ltd. (NYSE: BABA) stock price will be announced on Thursday, Sept. 18, and right now investors are looking at an initial price range of $66 to $68 for Alibaba shares.
However, Money Morning's Chief Investment Strategist Keith Fitz-Gerald thinks Alibaba stock will go much higher when it hits the market.
And he's provided three reasons why investors should be bullish on BABA following the Alibaba IPO...
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
The Alibaba IPO is coming this week. It's expected to raise between $21.1 billion and $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...
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
The Alibaba IPO is not only the biggest of this week's upcoming IPOs, it could be the largest IPO ever.
It's the largest e-commerce company in the world's largest e-commerce market. And according to a new report today, Alibaba stock is expected to reach as high as $70 per share when initially priced on Sept. 18.
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
The Alibaba IPO price is heading higher, as company officials have upped the price range for Alibaba stock to $66 to $68. Alibaba Group Holding Ltd. (NYSE: BABA) officials had originally set a price range of $60 to $66 per share.
A Reuters report today (Monday) said that the Alibaba IPO has seen "overwhelming" investor demand.
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Throughout the Alibaba IPO process, the Chinese e-commerce giant has been regularly compared to the largest e-commerce company in the U.S., Amazon.com Inc. (Nasdaq: AMZN).
In fact, one of the most common nicknames for Alibaba Group Holding Ltd. (NYSE: BABA) this past year has been "The Amazon of China."
But that title may not fit much longer, because Alibaba will soon be much bigger than Amazon...
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
The Alibaba IPO could be the largest initial public offering ever as Alibaba Group Holding Ltd. (NYSE: BABA) looks to raise as much as $24.3 billion when it prices its shares on Sept. 18.
But because it's a Chinese company, many U.S. investors are still asking "What is Alibaba?"
Here’s a hint: It’s involved in a lot more than just e-commerce…
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
The Alibaba IPO is expected to raise as much as $24.3 billion next week when Alibaba Group Holding Ltd. (NYSE: BABA) prices its shares on Thursday, Sept. 18.
Throughout the Alibaba IPO process, Money Morning's Executive Editor Bill Patalon has been following the company and the Chinese market carefully.
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
The Alibaba roadshow kicked off this week as Alibaba Group Holding Ltd. (NYSE: BABA) officials began the final sales pitch for Alibaba stock ahead of the company's massive IPO.
The roadshow presentations are the primary way for Alibaba and the underwriters to sell Alibaba stock to institutional investors prior to the stock's debut.
And they've taken on added importance as Alibaba plans to hold the largest IPO in world history...
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
The Alibaba IPO price could reach as high as $24.3 billion, after Alibaba Group Holding Ltd. (NYSE: BABA) announced Friday that it will be pricing its shares between $60 and $66 per share.
At the midpoint of that range, the company will have a valuation of approximately $155 billion.
Some analysts are calling that price range "conservative."
But there’s reason to believe Alibaba stock could climb much higher following the IPO…
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Because of its epic size, the Alibaba IPO can't escape the comparisons to Facebook Inc.'s (Nasdaq: FB) IPO.
The $16 billion the Facebook IPO raised in 2012 made it the largest tech IPO of all time, a record the Alibaba IPO will almost certainly beat when it comes to market in the next two weeks and raises some $20 billion.
But despite certain similarities, this competition has a very clear winner…
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
The Alibaba IPO date is still at least two weeks away, but Alibaba's Chairman and co-founder Jack Ma is already feeling the impact of the massive IPO.
According to the Bloomberg's Billionaire Index, Ma's net worth has been calculated at $21.9 billion, making him China's wealthiest citizen - by a wide margin.
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
According to a new report from The Wall Street Journal, the Alibaba IPO date will be set for early next week (Sept. 8), giving us a clearer idea when Alibaba stock will hit the market.
Multiple delays for an IPO are common, especially one the size of Alibaba's.
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
A new report from The Wall Street Journal indicates that Alibaba stock could begin trading on the New York Stock Exchange as soon as Sept. 18 or 19.
The size of the IPO, and Alibaba Group Holding Ltd. (NYSE: BABA) itself, should make Alibaba stock a hot commodity when it hits the market. And not just for investors, but for mutual funds as well.
Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
According to multiple media reports, the Alibaba IPO date is less than three weeks away.
Both Bloomberg and Fox, citing unnamed sources, reported earlier this month that Alibaba Group Holding Ltd. (NYSE: BABA) will begin the "roadshow" portion of its IPO shortly after Labor Day.
Here’s the date to mark on your calendar, and how you can start profiting from this deal today…
Start the conversation