IPO Stock Watch: Alibaba Stock Demand Strong Pre-IPO

By | September 12, 2014

Scalper1 News

Alibaba Group (BABA) is set to be the largest U.S. IPO ever, potentially raising more than $21 billion and carrying a market value of more than $162 billion. For comparison, Amazon.com’s market cap is near $152 billion. Demand for Alibaba stock among institutional investors is strong enough that the China e-commerce giant will stop taking orders ahead of schedule and end its IPO road show early, according to reports. Alibaba is scheduled to price Scalper1 News

Scalper1 News