One of the biggest stories in the markets last year was Alibaba. After raising a record $25 billion in a Sept. 18 initial public offering and quickly raising their profile in the market, the stock has recently seen a slump in the post-Christmas sales period. The current price is hovering around $99, which is still up significantly on the IPO price of $68 per share. This is an interesting opportunity to try some fundamental analysis. Did you participate in the IPO and, if so, has it lived up to your expectations?
Posted on: Thu, 15 Jan 2015 05:15:26 +0000
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