Alibaba floats your boat

Nothing. No news. Its been reported on Twitter its been delayed.Â

But today its all back on.Â

Just how big is Alibaba? At the daily high to day close to $100 per share, which means the company would be among the top 10 biggest US companies. The Wall Street Journal reports:

“At $99.70, Alibaba had a $245.7 billion market capitalization, placing it among the top 10 biggest U.S. companies.

If Alibaba were in the S&P 500 it would rank as ninth biggest, just ahead of Wal-Mart, Chevron and P&G, according to S&P Capital IQ.”


share this Article

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email

Recent Articles