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Of note, the NASDAQ has lost year to date what Alibaba will be valued at. Interesting anomaly in the market. Also a tough time for a tech company to go public
by coreymgilmore 12y ago
Of note, the NASDAQ has lost year to date what Alibaba will be valued at. Interesting anomaly in the market.
Also a tough time for a tech company to go public since the general marketplace seems pretty overpriced as it is these days. The fact that Alibaba is an established business with history should help it perform well on IPO day.