Alibaba Stock Price Near All-Time High with US$277 Billion Market Value
Hang Zhou | 31st March 2017
Alibaba stock price near all-time high at $277 billion at the end of the 1st quarter of 2017. The share price traded at $107.83 at the end of 31st March 2017, giving it a market capitalisation of $277 billion.
” Alibaba hits US$277 billion in Market Value “
The highest was on 11th October 2014 at $114.56, a market capitalisation of $294 billion. Alibaba was listed (IPO) on 15th September 2014.
On 18 September 2014, Alibaba’s IPO priced at US$68, raising US$21.8 billion for the company and investors. Alibaba was the biggest US IPO in history. On 19 September 2014, Alibaba’s shares (BABA) began trading on the NYSE at an opening price of $92.70. The share had trade at a low of $59.24 on 21st September 2015.
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