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Following the IPO, Yahoo retains 383 million Alibaba shares, representing a 15% stake in the company. Yahoo (yhoo) left some money on the table by selling in the IPO at the offering price of $68. Those Alibaba shares (baba) have since increased in value to $88.85 at the close of trading on Tuesday.
Since the 2014 Alibaba IPO, the Alibaba stock price has climbed 179.014%. How Did Alibaba Stock Perform in 2017? On Jan. 3, 2017, the BABA stock price opened at $89 per share. On Dec. 29, 2017, the Alibaba stock price opened at $172.98 per share. In roughly a year, that was a gain of 93.57%. And hereâs why everyone is so bullish on BABA stock in 2018â¦ Alibaba's Diversification Will Attract More Customers