Although this story may not be directly tied to the Dallas Ft. Worth community, watching IPO stock prices is how money can be made if you’re smart. For instance, when Facebook went IPO, its stock price started in the upper $30s then fell to the $20s. It has since skyrocketed to the mid $70s in less than a year. Alibaba, which is a major player in its industry, may follow a similar pattern (just an educated opinion – we have no financial interests in the company whatsoever). Yep, you’re welcome.
Ma’s Alibaba Prices Shares At US$68 Ahead Of Record-Breaking IPO | Wealth-X.