What Alibaba's IPO Means for Highly Skilled U.S. WorkersMatt Reilly
No one interested in business could escape the buzz surrounding Alibaba’s initial public offering on Friday. The company’s shares were priced at $68 for the IPO, which would have made it larger than those of Twitter or Facebook, in the first minute of being a publicly traded company. By the time trading began at noon, Alibaba stock was at 92.70.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market
- Nasdaq Drops on Tech Rout as Oil Falls, Gold Gains: Markets Wrap
- Greenwich Mansion Listings Pulled to Wait for a Better Day
- The U.K.'s $86 Billion Pension Problem Is About to Solve Itself
- Smartphones Are Killing Americans, But Nobody’s Counting