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WSJ reporting: Alibaba IPO Shares Now Indicated $82-$85.
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WSJ reporting: Alibaba IPO Shares Now Indicated $82-$85.# Stock
t*o
1
WSJ reporting: Alibaba IPO Shares Now Indicated $82-$85.
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t*o
2
Ok – let’s try that again. The new potential opening range for Alibaba’s
opening price: $82 to $85 per share.
Let’s do the math again. If Alibaba’s stock stays in that range, the pop
would be somewhere between 20.5% and 25%.
At the high end of the range, it’s still just 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%, so it
would easily top that.
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