UPDATE: CRT Capital Starts Alibaba (BABA) at Buy
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Alibaba (BABA) Celebrates First Day of Trading on the NYSE
September 19, 2014 1:40 PM EDTAlibaba 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
Rosenblatt Initiates, Comments on Alibaba (BABA) Ahead of Expected IPO
September 18, 2014 12:20 PM EDTRosenblatt 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
Alibaba (BABA) said to price within $66-$68 IPO range - CNBC
September 18, 2014 11:04 AM EDTAlibaba (NYSE: BABA) said to price within $66-$68 IPO range, CNBC reported. Advisers are recommending $68.
Alibaba (BABA) said to draw IPO orders from Fidelity, Blackrock - Bloomberg
September 18, 2014 10:34 AM EDTAlibaba (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.
... More