Alibaba (BABA) IPO Is Tomorrow

Posted: Sep 18 2014, 9:17am CDT | by , Updated: Sep 18 2014, 9:22am CDT, in News | Latest Business News

 

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Alibaba (BABA) IPO is Tomorrow
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Finally it is here. The Alibaba IPO shares will be priced today and start trading tomorrow.

Chinese Alibaba is going to sell shares worth $22 billion starting tomorrow. The shares of the Alibaba iPO are supposed to be priced today after the market closes says a new Reuters report.

Alibaba is set to start trading tomorrow under the symbol BABA on the New York Stock Exchange. Alibaba has raised the share price target recently due to demand. It is expected that shares will be priced between $66 and $68.

Jack Ma built an extremely impressive online imperium that handles more transaction than Amazon and eBay combined.

Below the most interesting tidbits about the Alibaba IPO:

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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