Alibaba's $80-$83 Opening Range in Context# Stock
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Alibaba's $80-$83 Opening Range in Context
by Maureen Farrell
We now know the opening range for Alibaba’s stock: $80 to $83 per share.
If Alibaba’s shares stayed in that range for the rest of the day, the pop
from its IPO price would be between 17% and 22%.
That’s below the average one-day pop for U.S. listed Tech or Internet IPOs
this year, which is 26%, according to Dealogic.
The average one-day pop for IPOs from all sectors this year is 13%.
Alibaba's $80-$83 Opening Range in Context
by Maureen Farrell
We now know the opening range for Alibaba’s stock: $80 to $83 per share.
If Alibaba’s shares stayed in that range for the rest of the day, the pop
from its IPO price would be between 17% and 22%.
That’s below the average one-day pop for U.S. listed Tech or Internet IPOs
this year, which is 26%, according to Dealogic.
The average one-day pop for IPOs from all sectors this year is 13%.