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

UPDATE: MKM Partners Starts Alibaba (BABA) at Buy

September 22, 2014 6:44 AM EDT

(Updated - September 22, 2014 10:59 AM EDT)

MKM Partners initiated coverage on Alibaba (NYSE: BABA) with a Buy rating and a price target of $125.00. Analyst Rob Sanderson noted its dominant position in China's booming eCommercer economy. He... More

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

September 19, 2014 12:47 PM EDT

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 EDT

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 EDT

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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Alibaba (BABA) IPO Lights Up Wall Street

September 19, 2014 11:53 AM EDT

Today's IPO for Alibaba (NYSE: BABA) opened for trading at $92.70 after pricing 320,106,100 American depositary shares (ADSs) at $68 per ADS for a total offering size of approximately US$21.77 billion. The pricing was at the top end of the recently raised $66-$68 range.

Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Goldman Sachs (Asia) L.L.C., J.P.... More

Alibaba (BABA) IPO narrowing in on $93 opening

September 19, 2014 11:48 AM EDT

Alibaba (NYSE: BABA) IPO narrowing in on $93 opening

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Alibaba (BABA) now indicated to open at $92 - $93

September 19, 2014 11:28 AM EDT

Alibaba (NYSE: BABA) now indicated to open at $92 - $93

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Alibaba (BABA) IPO now indicated $92-$93

September 19, 2014 11:28 AM EDT

Alibaba (NYSE: BABA) IPO now indicated $92-$93

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Alibaba (BABA) IPO now indicated $91-$92

September 19, 2014 11:22 AM EDT

Alibaba (NYSE: BABA) IPO now indicated $91-$92

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Alibaba (BABA) IPO now indicated $90-$91

September 19, 2014 11:14 AM EDT

Alibaba (NYSE: BABA) IPO now indicated $90-$91

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Alibaba (BABA) may open in 20 - 30 minutes - NYSE's Farley

September 19, 2014 11:13 AM EDT

Alibaba (NYSE: BABA) may open in 20 - 30 minutes, according to the NYSE's Farley.

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Alibaba (BABA) indicated to open at $89 - $91

September 19, 2014 11:04 AM EDT

Alibaba (NYSE: BABA) indicated to open at $89 - $91.

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Alibaba (BABA) now indicated to open at $88 - $90

September 19, 2014 10:59 AM EDT

Alibaba (NYSE: BABA) now indicated to open at $88 - $90.

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Alibaba (BABA) IPO now indicated to open between $88-$90

September 19, 2014 10:59 AM EDT

Alibaba (NYSE: BABA) IPO now indicated to open between $88-$90 after pricing at $68.

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Alibaba (BABA) now indicated to open at $87 - $89

September 19, 2014 10:53 AM EDT

Alibaba (NYSE: BABA) indicated to open at $87 - $89.

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Hearing underwriters soliciting sell orders from clients on Alibaba (BABA)

September 19, 2014 10:49 AM EDT

Hearing underwriters are soliciting sell orders from clients on Alibaba (NYSE: BABA). According to a tweet from Mike Bergen, Goldman Sachs said "we welcome sell orders, no one will be looked upon negatively for sending us a sell order."

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Alibaba (BABA) indicated to open at $86 - $88

September 19, 2014 10:44 AM EDT

Alibaba (NYSE: BABA) indicated to open at $86 - $88.

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Alibaba (BABA) indicated to open $84 - $87

September 19, 2014 10:32 AM EDT

Alibaba (NYSE: BABA) indicated to open $84 - $87.

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Alibaba (BABA) IPO now indicated to open between $84-$87

September 19, 2014 10:30 AM EDT

Alibaba (NYSE: BABA) IPO now indicated to open between $84-$87 after pricing at $68.

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Alibaba (BABA) IPO Indicated $82-$85

September 19, 2014 10:21 AM EDT

Alibaba (NYSE: BABA) IPO is indicated to open between $82-$85 after pricing at $68, according to an NYSE floor trader.

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Alibaba (BABA) IPO Initial Price Indications $80-$83 - CNBC

September 19, 2014 10:09 AM EDT

Alibaba (NYSE: BABA) IPO initial price indication $80-$83 according to CNBC's Bob Pisani after pricing at $68.

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Cantor Fitzgerald Starts Alibaba (BABA) at Buy

September 19, 2014 7:23 AM EDT

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

Stock Futures Higher as Scotland Votes Down Independence, Alibaba's (BABA) IPO Prices

September 19, 2014 6:42 AM EDT

Stock futures are higher Friday after Scotland voted to rejected independence from the U.K. and ahead of the highly-anticipated Alibaba (NYSE: BABA) IPO, which priced at $68.

Dow futures are up 78, S&P 500 futures are up 7 and Nasdaq futures are up 16.

Overnight, results... More

Alibaba (BABA) Prices IPO at $68/ADS

September 19, 2014 6:04 AM EDT

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

After-Hours Stock Movers 9/18 (CNQR) (MCP) (JBLU) Higher; (TIBX) (RHT) (ORCL) Lower (more...)

September 18, 2014 6:07 PM EDT

Concur Technologies, Inc. (Nasdaq: CNQR) 19.7% HIGHER; SAP SE (NYSE: SAP) has entered into an agreement to acquire Concur Technologies, Inc. (Nasdaq: CNQR). The per-share purchase price of US$129 represents a 20% premium over the September 17 closing price, a 21% premium over the one month volume weighted average price per share and an enterprise value of approximately US$8.3 billion.

Quest Resource Holding Corporation (NASDAQ: QRHC) 13.4% LOWER; intends to offer... More

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

September 18, 2014 5:15 PM EDT

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 EDT

(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

Vimicro (VIMC) Is Maybe the Hottest Stock in the Market

September 18, 2014 12:21 PM EDT

Vimicro International (NASDAQ: VIMC), a leading video surveillance technology and solution provider in China, has been one of the hottest stock in the market. The stock is up 148% month-to-date, 215% since July 1, and 12.5% just today.

Needham & Company analyst Rajvindra Gill, a noted bull on the... More

Rosenblatt Initiates, Comments on Alibaba (BABA) Ahead of Expected IPO

September 18, 2014 12:20 PM EDT

Rosenblatt Securities started coverage on Alibaba (NYSE: BABA) today.

Analysts Jun Zhang and Martin Pyykkonen made the following key points:

* Alibaba (BABA) has established a competitive dominant position in the still very early stages of ecommerce development across China. Even though BABA already has a strong competitive moat for Chinese ecommerce, there is still a considerable market opportunity runway looking forward. The Chinese ecommerce market has been later to develop than we take for granted here in the U.S. for a variety of reasons (credit card payments, physical goods delivery,... More

Streetinsider.com's Hot Lunchtime Reads 9/18: (BABA) (VFC) (MSFT) (FOXA)

September 18, 2014 12:10 PM EDT

The following is a list of notable articles to help get you through the lunch hour:21st Century Fox's (FOXA) Rupert Murdoch Talks Time Warner (TWX) Bid, 2016 Presidential Election, Scotland Vote ->... More

Alibaba (BABA) Will Struggle with Int'l Expansion - Global Equities

September 18, 2014 11:53 AM EDT

Global Equities Research analyst Trip Chowdhry offered the following points on Alibaba (NYSE: BABA) stock ahead of the company's IPO, which is slated to happen before markets open on Friday morning:

Alibaba's success has been widely attributed to "C2C" i.e "Copy to China" Strategy, and this is the recipe for success of all... More

Notable Analyst Rating Changes 9/18: (DD) (KSS) (FET) Upgraded; (PIR) (AUXL) (BTU) Downgraded

September 18, 2014 11:07 AM EDT

UPGRADES
JPMorgan raises DuPont (NYSE: DD) from Neutral to Overweight with a price target of $75.

Citi moves Kohl's (NYSE: KSS) from Neutral to Buy.

Guggenheim boosts Forum Energy Technologies (NYSE:... More

Alibaba (BABA) said to price within $66-$68 IPO range - CNBC

September 18, 2014 11:04 AM EDT

Alibaba (NYSE: BABA) said to price within $66-$68 IPO range, CNBC reported. Advisers are recommending $68.

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Yahoo! (YHOO) Traders 'Sell the News' One Day Early

September 18, 2014 11:02 AM EDT

Traders in Yahoo! (NASDAQ: YHOO) are starting to 'sell the news' ahead of tomorrow's Alibaba (NYSE: BABA) IPO. Shares have surged into the event. Shares are down 2% currently.

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Alibaba (BABA) said to draw IPO orders from Fidelity, Blackrock - Bloomberg

September 18, 2014 10:34 AM EDT

Alibaba (null: BABA) said to draw IPO orders from Fidelity, Blackrock (NYSE: BLK), according to Bloomberg headlines. Orders are said to top $1 billion from each of the large funds.

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Muddy Waters Isn't Targeting Alibaba (BABA)

September 18, 2014 9:50 AM EDT

Muddy Waters says reports that the firm is targeting Alibaba (NYSE: BABA) are false. The following was posted to Twitter on Thursday:

Some outfit in Asia reporting MW is "targeting" $BABA. Reports are false. We have no investment opinion. We have criticized its opacity.

— MuddyWatersResearch (@muddywatersre) September 18, 2014
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UPDATE: CRT Capital Starts Alibaba (BABA) at Buy

September 18, 2014 8:41 AM EDT

(Updated - September 18, 2014 12:00 PM EDT)

CRT Capital initiated coverage on Alibaba (NYSE: BABA) with a Buy rating and a price target of $95.00. Analyst Neil Doshi thinks its current price range significantly undervalues the long-term growth potential.

"If AMZN, EBAY and GOOG were to have a baby, it would be Alibaba.... More