
Alibaba Opens Trading 36% Higher at $92.70
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Business
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University
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Practice Problem
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the unexpected opening price of the stock on this historic day?
$90
$95
$100
$93
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the stock's value when it surpassed $96?
$100
$240 billion
$96
$235 billion
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many shares were traded in the first few minutes?
72 million
60 million
80 million
50 million
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the high-end prediction of the company's valuation after its IPO?
$200 billion
$240 billion
$220 billion
$235 billion
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the actual valuation of the company compare to most analysts' expectations?
It was slightly higher
It was lower
It was the same
It was far above
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