Damodaran’s Two Caveats About The Alibaba IPO
The Alibaba IPO is the most anticipated of the year and is likely to be the biggest in history, and anyone who can actually buy for the $60 - $66 IPO price (we should find out the exact price next week) should benefit from the inevitable ‘pop’. To figure out where that leaves the rest of us NYU finance professor Aswath Damodaran revisits his valuation of Alibaba and . . .
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