Alibaba ETFs Steady as Lockup Expires
March 18, 2015 at 13:00 PM EDT
Shares of Chinese e-commerce giant Alibaba (NYSE: BABA) are down slightly Wednesday as early investors in the company became free to sell their stakes for the first time. Today marks the end of a six-month lock-up period for about 14 percent of the company’s publicly traded stock, report Leslie...