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Showing posts from September 17, 2014

Will Alibaba Be Biggest-Ever IPO?

By Lauren Simonetti

Morning Outlook

Published September 16, 2014

Alibaba looks like it will be the biggest stock-market debut in history. The Chinese e-commerce giant will start trading Friday on the New York Stock Exchange.

The company is so big that its annual sales are more than Amazon's and eBay's combined. Alibaba says demand for its IPO is so strong that it has now increased its initial price range to between $66 and $68 per share, from the original $60 to $66 per share.

Lauren Simonetti joined FOX Business Network (FBN) in September 2007 as a field producer and became a reporter for the network in September 2011.


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