Alibaba Said to Raise $21.8B in Record-Breaking U.S. IPO

Alibaba Said to Raise $21.8B in Record-Breaking U.S. IPO

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Business

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Alibaba's IPO is priced at $68 per share, raising $21.8 billion, making it the largest US IPO ever. The company's market value is estimated at $168 billion before trading. If included in the S&P 500, Alibaba would rank as the 9th largest company. The first trading day could see changes in value based on investor interest.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the price per share for Alibaba's initial public offering?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much money is Alibaba expected to raise from its IPO?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of Alibaba's IPO in terms of US initial public offerings?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What would be the market value of Alibaba after the IPO?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In which index would Alibaba rank if it were included in the S&P 500?

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