Cantor Fitzgerald 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 EDT

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

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) 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

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

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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