Alibaba’s stock is surging as the Chinese e-commerce powerhouse’s begins its first day trading as a public company.
The Chinese e-commerce powerhouse is expected to start trading Friday on the NYSE in an IPO that values it at $167.62 billion, bigger than the current market value of Amazon, Cisco, and eBay.
Shares of Barracuda Networks Inc. jumped in their debut on the New York Stock Exchange on Wednesday.
The New York Stock Exchange says its test run of Twitter’s initial public offering was a success, as the exchange takes pains to avoid the technical problems that marred Facebook’s debut.
Shares of Ruckus Wireless Inc. fell Friday after raising $126 million in an initial public offering of stock.
Shares of cloud-computing firm Workday rocketed higher in their first day of trading on the New York Stock Exchange.
Facebook is in talks with the New York Stock Exchange to move its stock from the Nasdaq Stock Market after a botched initial public offering on Friday, according to a person familiar with the matter.
Menlo Park-based Facebook is planning to list its shares with Nasdaq, according to media reports.
Yelp’s stock opened to five-star reviews from investors on Friday, soaring 63 percent after pricing above its targeted range on Thursday night.
LinkedIn, a trailblazer in the online networking craze, went public with a roaring stock offering. Within minutes, shares were trading at twice the value set by the company.