Zero Hedge
All posts from Zero Hedge
Zero Hedge in Zero Hedge,

Alibaba Breaks For Trading At $92.70, Rises Over $99.50, Hits Same Market Cap As Walmart, Drops

The moment everyone had been waiting for just arrived and moments ago BABA broke for trading at $92.70 after its $68 IPO, and promptly traded over $99.50, which means its market cap is now the same as Walmart, and it gunning for General Electric.


and then this happened...


BABA drops below opening print...


This is how high BABA got:


So... Alibubble, or BubbleCoin?