NEW YORK—Shares of Youku.com Inc. tripled in their first day of trading on the New York Stock Exchange, putting the Chinese online television company's initial public offering on a pace to be the biggest first-day gainer of the year. The …
The IPO for Youku.com (Nasdaq: YOKU) priced its 15,847,700 ADSs initial public offering at $12.80 per shares, above the expected $9-$11 range. The offering is being led by Goldman Sachs (Asia) L.L.C. and Allen & Company LLC. …
Alibaba stock traded up about 0.3% in the premarket, at $85.64 in a 52-week range of $57.20 to $120.00. Youku Tudou’s ADSs traded up nearly 9%, at $26.55 in a 52-week range of $11.85 to $31.50.
Youku.com (YOKU): The stock is a new Neutral at Goldman Sachs. E-Commerce China Dangdang (DANG): E-Commerce China Dangdang is picked up at a Neutral at Piper Jaffray, which has a $30 price target. Syngenta (SYT): Boutique …
The stock has gained more than 80% this year ... Still, the unit, which includes …
The stock of Chinese video site Youku is rising at dot-com boom IPO-like levels today. The company, which filed to go public on the New York Stock Exchange last month, ended up pricing its stock at $12.80 a share, above the $9 to $11 …
In a press release issued Friday, Alibaba said it is offering $26.60 per share in cash for outstanding Youku Tudou stock, which is 30.2% over Thursday’s closing price on the New York Stock Exchange. The deal gives Youku Tudou a …
YOKU) is 16% higher at $22.60. Meanwhile, the Internet TV stock's calls are being exchanged at 12 times the usual intraday clip, and twice the rate of puts. According to Trade-Alert, the weekly 5/22 21- and 22-strike calls are being …
Shares of Pacific Capital climbed 58% to $45.44 premarket. China online video company Youku reached an agreement to acquire its chief competitor, Tudou Holdings Ltd. (TUDO), in a stock-for-stock transaction that will solidify the …