What Alibaba's IPO Means for Highly Skilled U.S. Workers

Alibaba headquarters in Hangzhou, China Photograph by Nelson Ching/Bloomberg

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.