Ron Burgundy Posted August 21, 2015 Share Posted August 21, 2015 By Noel Randewich SAN FRANCISCO (Reuters) - Shares of Alibaba Group Holding Ltd fell 3 percent on Friday and were perilously close to breaking below the price set in the largest IPO in history as fears of a China-led global slowdown rattled investors. A potential move below $68 would make China's largest e-commerce firm the second high-profile tech company to fall below its IPO price this week after Twitter Inc on Thursday dropped below its 2013 IPO price. It would also be a potential embarrassment to founder Jack Ma and the underwriters who engineered Alibaba's market debut last September. View the full article Quote Link to comment Share on other sites More sharing options...
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