Chinese e-commerce giant Alibaba filed to sell up to $24.5 billion in stock in September, making it the biggest U.S. initial public offering (IPO) ever.
As its September 18 trading debut approaches investors remain split over whether Alibaba is a buy. Some believe the IPO is a golden investment opportunity given that Alibaba has an around 80 percent share in China's e-commerce space, a positive cash flow and net profits. Others believe the growth potential of China's consumer market has been overestimated given the country's slowing economy and worry that the IPO has been overhyped.
Shares were initially slated to IPO at between $60 and $66, according to a filing, but a larger-than-expected flood of orders could see Alibaba raise the price.
What do you think Alibaba's IPO price will be?