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The final price can change because it is not formally set. Second time it can change after putting stocks on secondary market.
Many analysts say that it will be the biggest or second biggest (after Saudi’ s Aramco emission) IPO sale globally this year. Company has already stopped taking orders on 500 million shares from institutional investors.
So, in few days Alibaba reveal the if it is or not the biggest IPO or not this year.
This week the high inflation fears will dominate the market sentiment once again.
EURGBP slumped to a fresh 1.5 year low of 0.8421. For this week, the key support area is around 0.8400.
Shares of Gambling and resorts giant MGM Resorts (NYSE: MGM) rallied more than 9% on Tuesday and climbed to a fresh 52-week high of $48.94.