Friday, September 19, 2014

Yahoo rakes in billions off Alibaba IPO

   UPDATE:  Unbelievable!  Alibaba opened this morning at $92.70 a share.   
  

       Due to an early investment in Chinas' Alibaba, Yahoo is raking in the billions, yes billions.  Alibaba opens around $60 a share today.

   It is expected to raise around $23 billion, the largest IPO ever!

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