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Big institutions no guarantee of stability for Alibaba IPO

19
Sep
2014

By Akane Otani, Liana B. Baker and Jessica Toonkel NEW YORK (Reuters) – When Alibaba Group Holding Ltd begins trading on Friday the shares may not be able to avoid the kind of volatility typically seen in trading of eagerly anticipated IPOs, even as the bulk of the shares sold are expected to reside with 25 to 50 behemoth institutions. …

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