Alibaba IPO To Drop $9 Billion In Yahoo’s Lap

by Greg Sterling
The Alibaba IPO is nigh. Next week the company will start trading on the New York Stock Exchange and Yahoo will be one of the big beneficiaries. The expected range of Alibaba’s share price is $60 to $66 but it could easily go higher depending on demand. And demand is expected to be very strong (to hysterical) for what will certainly be not only the biggest tech IPO but poten ...Read the full article