Alibaba (BABA) Receives Enough Demand to Close IPO Order Books Early: Report

According to a Friday Bloomberg report that references people with knowledge of the matter, Alibaba (BABA)’s underwriters plan to close their IPO order books early after receiving enough orders at the high end of the $60 – $66 range to sell all the shares in the record-breaking flotation. The Chinese e-commerce giant is expected to […] View the full post at: Alibaba (BABA) Receives Enough Demand to Close IPO Order Books Early: Report Related posts: Alibaba Ready To Buy Back Yahoo Stake Sprint-Clearwire Deal Expected To Close In Q4 Demand for Natural Gas Cars Booming in Utah