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Alibaba to raise IPO price range to $66-$68: Source

4:30 PM ET Mon, 15 Sept 2014

Alibaba will raise its IPO price range to $66-$68 per share, reports CNBC's Kayla Tausche. The Chinese e-commerce site previously filed for an IPO price range of $60-$66 per share. Eric Jackson, Ironfire Capital says the new valuation is fair.