Alibaba reportedly plans to stop taking orders for its IPO early, an indication of sizzling demand.» Read More
Forgive him, father, for he has sinned. Trader-turned-comedian Raj Mahal offers these confessions from his time on Wall Street.
Demand for Alibaba's IPO is so oversubscribed that bankers are expected to close the books to investors in a matter of days.
Returns have been mixed and some analysts say large swaths of the IPO market, especially biotechnology stocks, are frothy.