Chinese e-commerce powerhouse Alibaba priced its initial public offering of stock at $68 per share on Thursday, the top end of the expected range. It is expected to start trading Friday under the ticker "BABA" on the NYSE. The IPO values Alibaba at $167.6 billion. That's bigger than the current market value of Amazon, Cisco, and eBay.
Alibaba Prices Ipo At $68 Per Share
MAE ANDERSON AP Technology Writer, San Diego Union-Tribune Nation
Thu, 09/18/2014 - 3:17pm
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