In its debut on the NYSE, shares of the Chinese e-commerce giant opened at $92.70, representing a 36% jump from its IPO price of $68.
Chinese e-commerce giant Alibaba priced its IPO at the top of its expected range at $68 a share on Thursday, raising $21.8 billion.
Alibaba is set to release 320 million shares priced between $66 and $68, which would make it the largest U.S. IPO ever.
If the e-commerce giant's debut goes well, the so-called IPO window will remain open, spurring dozens of companies to go public themselves.
Exitround, a service that matches buyers and sellers of startups and small businesses, is partnering with private equity firms in a new program called Exitround Capital.
Apple on Tuesday revealed its latest product line: notably two new iPhones and a much-anticipated smartwatch.
Get ready for Start-Up Nation. FBN’s Liz Claman is reporting live Wednesday from Greylock Partners,
Chinese e-commerce giant Alibaba kicked off its IPO roadshow on Monday in New York, drawing in hundreds of investors to the the Waldorf Astoria hotel in Midtown Manhattan.
Alibaba has set its initial price range for $60 to $66 per share and is slated for a Sept. 19 public debut. The Chinese e-commerce giant could surpass Visa's $19.7 billion IPO...
Looking for the right insurance plan can be complicated, but startup PolicyGenius is looking to make it easier to find the best coverage with its online portal for quotes and...