NYSE Traders Weigh In On Alibaba’s IPO

See the original posting on TechCrunch

Bell Ringing We were on the floor of the New York Stock Exchange this morning for Alibaba’s debut. The Chinese e-commerce company had the biggest initial public offering ever for a US-listed company, and its share price jumped another 36 percent when it opened at $92.70. (After approaching $100, the stock closed at $93.89.) In the hours leading up to the start of trading, TechCrunch’s… Read More