Alibaba (BABA) IPO Lights Up Wall Street

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Alibaba (BABA) Celebrates First Day of Trading on the NYSE

September 19, 2014 1:40 PM UTC

Alibaba Group Holding Ltd. (NYSE: BABA) opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol "BABA" after its initial public offering (IPO) on the floor of the NYSE. Barclays is the Designated Market Maker for the company's stock,... More

Yahoo! (YHOO) Hits Session Low with Alibaba (BABA) Trading Near $90/Share

September 19, 2014 12:47 PM UTC

Yahoo! (NASDAQ: YHOO) Hits Session Low with Alibaba (NYSE: BABA) Trading Near $90/Share. Earlier we highlighted that Yahoo! was a 'sell the news' on the Alibaba IPO open.

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Alibaba (BABA) Sees Wild Swings In Early Trading

September 19, 2014 12:12 PM UTC

After opening at $92.70, shares of Alibaba (NYSE: BABA) surged as high as $99.70 then made a sharp move lower, briefly dipping below the $92.70 open. Shares are now at $93.48 (+37%).

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Alibaba (BABA) market cap at open ~$228.5 billion

September 19, 2014 11:57 AM UTC

Alibaba (NYSE: BABA) market cap at open ~$228.5 billion.

This compares to market caps of ~$65 billion for eBay (NASDAQ: EBAY), ~$150 billion for Amazon (NASDAQ: AMZN), ~$200 billion for Facebook (NASDAQ: FB) and ~$400 billion for Google (NASDAQ: GOOG).

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Cantor Fitzgerald Starts Alibaba (BABA) at Buy

September 19, 2014 7:23 AM UTC

Cantor Fitzgerald initiated coverage on Alibaba (: BABA) with a Buy rating and a price target of $90. Analyst Youssef Squali thinks Alibaba has the potential to dominate global online commerce.

"We believe that a differentiated pricing model, strong brand, and unmatched scale give Alibaba an unfair... More

Alibaba (BABA) Prices IPO at $68/ADS

September 19, 2014 6:04 AM UTC

Alibaba Group Holding Limited (Alibaba Group) (NYSE: BABA) announced the pricing of its initial public offering of 320,106,100 American depositary shares (ADSs), each representing one of its ordinary shares, at a price to the public of US$68 per ADS for a total offering size of approximately US$21.77 billion, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange on September 19, 2014, under the symbol BABA. Alibaba Group... More

Alibaba (BABA) IPO priced at $68, according to Dow Jones

September 18, 2014 5:15 PM UTC

Alibaba (NYSE: BABA) IPO priced at $68, according to Dow Jones

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Twas the Night Before Alibaba (BABA)

September 18, 2014 5:07 PM UTC

(Updated - September 18, 2014 5:24 PM EDT)

Alibaba (NYSE: BABA) priced its highly-anticipated IPO tonight at $68 per share, the high end of the expected $66-$68 range, according to reports from Dow Jones. Shares will open for trading tomorrow - Friday, September 19, 2014 - on the NYSE under the stock symbol "BABA." The China Internet phenom priced 320,106,100 American Depositary Shares (ADSs) in the offering.

The company is expected to have 2,465,005,966 shares outstanding following the offering, giving the company a market cap of $167.6 billion at the top end of the range. This compares to market caps of ~$65... More