Scalper1 News
The $21.8 billion in proceeds raised by the Alibaba Group (BABA) IPO lifted the total for all U.S. IPOs this year to $62.4 billion, the highest level in at least 10 years. The amount of money raised is 108% above the year-to-date level from last year, according to Renaissance Capital. Alibaba set a U.S. IPO record with the $21.8 billion it raised by selling 320.1 million shares. It jumped above the $19.7 billion offering of Visa (V) in 2008, the Scalper1 News
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