> — Retail investors still have an opportunity to buy into the much-hyped Alibaba IPO at the ground level, despite the fact that many of the world’s biggest institutional investors have already secured much of the company’s stock, market experts have said.
One reason: Alibaba is a mature company, so its stock likely won’t double during its first day of trading, said investment manager Walter Price on Friday. Price manages approximately $1.3 billion in assets at the Allianz RCM Technology Fund.
“The retail investor will get a chance to buy in on the stock at hopefully a reasonable valuation,” Price added.
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