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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.
The Alibaba Stock Price Prediction Investors Can't Miss. Alibaba Group Holding Ltd. (NYSE: BABA) has seen shares soar nearly 30% this year so far. Alibaba stock now trades around $105. What a welcome performance for BABA stock, after shares fell around 60% from November 2014 to September 2015. Critics wrote off Alibaba shares, saying it was a dud stock that would never rebound. But even after this climb, we remain bullish on Alibaba stock.