NYSE Welcomes Alibaba (BABA) (In Pictures)

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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

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) 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%).

... 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

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