November 25, 2019 BY Valentina Kirilova
Alibaba close to five-month highs ahead of 2019 largest stock offering
The following article was prepared for LeapRate by ATFX's market analysts. Alibaba after a strong earnings report in November plans to issue 500 million new shares plus an additional 75 million “greenshoe” option next week. The greenshoe gives the underwriters the ability to sell more stocks than the original amount set, of those 500 million…
Read more