The Alibaba IPO

I haven’t said much about the Alibaba IPO. I prefer to stay quiet on areas that I don’t know much about (that seems to be a minority view on Wall Street).

But I will note that the numbers about the Alibaba IPO are truly massive. The company is looking to sell 320.1 million shares to the public somewhere between $66 and $68 per share. The previous range was $60 to $66 per share, and it was recently raised. Interest is very strong so I think we can expect to see the shares price at the high end of the range.

If all goes well, the IPO will be priced on Thursday and BABA will start trading on Friday. After the offering, Alibaba will have 2.47 billion shares outstanding. At $70 per share, that would make Alibaba worth $173 billion. Amazon is worth $150 billion. Yahoo will be cutting its stake from 22.4% to 16.3%.

Posted by on September 15th, 2014 at 5:20 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.