{"id":17523,"date":"2014-03-18T11:09:15","date_gmt":"2014-03-18T15:09:15","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=17523"},"modified":"2014-03-18T11:09:15","modified_gmt":"2014-03-18T15:09:15","slug":"yahoo-inc-nasdaqyhoo-surges-as-alibaba-plans-to-go-public-in-the-u-s","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/yahoo-inc-nasdaqyhoo-surges-as-alibaba-plans-to-go-public-in-the-u-s-17523","title":{"rendered":"Yahoo! Inc. (NASDAQ:YHOO) Surges as Alibaba Plans to go Public in the U.S."},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 03\/18\/2014 (wallstreetpr) &#8211; <b>Yahoo! Inc. (NASDAQ:YHOO) <\/b>stock price has been surging in recent trading sessions after Alibaba Group holdings disclosed its plans for an IPO in the U.S. markets. Alibaba Group holdings is a subsidiary of yahoo rumored to be worth $200 billion. Yahoo will able to sell up to 261.5 million shares in the proposed IPO.<\/p>\n<p style=\"text-align: justify;\">The move to list in the US stock exchange comes at the back of Alibaba experiencing hurdles and difficulties forits proposed governance structure from Hong Kong regulators.<\/p>\n<p style=\"text-align: justify;\"><b>IPO to make Alibaba more Global<\/b><\/p>\n<p style=\"text-align: justify;\">Yahoo! Inc. (NASDAQ:YHOO)<b> <\/b>owning a 24% stake will most definitely become a strong catalyst drawing attention to the fresh piece.The company ina statement has emphasized that the IPO will make it moreglobal and appealing while also enhancing its transparency levels. Alibaba plans to extend the IPO offering to china markets in the coming future.<\/p>\n<p style=\"text-align: justify;\">The IPO is expected to be the biggest in the recent past, after <b>Facebook Inc (NASDAQ:FB)<\/b>\u2019s in 2012. Alibaba has not yet confirmed in which US stock exchange it will be trading and the amount of money targeted by the offering. Analysts at Wall Street are of the opinion the company could be able to raise between $15 billion and $16 billion as a result of the Public offering<\/p>\n<p style=\"text-align: justify;\"><b>Yahoo stock doubled as a result of Alibaba<\/b><\/p>\n<p style=\"text-align: justify;\">Yahoo! Inc. (NASDAQ:YHOO)<b> <\/b>has seen its stock price surge in the market especially after Marissa Mayer took over the helm as the company\u2019s Chief executive officer in 2012. Some analysts are of the opinion the growth has been necessitated and accelerated by the 24% stake in Alibaba Group holdings.<\/p>\n<p style=\"text-align: justify;\">The IPO offering has come at the best time for Yahoo considering it has been grappling with a reduction in \u00a0revenue as a result of advertisers continue to lean more towards its competitor <b>Google Inc (NASDAQ:GOOG)<\/b>.<\/p>\n<p style=\"text-align: justify;\">Investors are expected to latch even more tightly on the company\u2019s stock with the impending Alibaba IPO which is expected to have a massive effect on Yahoo stock. The IPO is expected to hand Yahoo a multi-billion windfall in a matter of two years. Yahoo! Inc. (NASDAQ:YHOO)<b> <\/b>market value currently stands at $39 billion most of which has also been attributed to the Alibaba stake.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 03\/18\/2014 (wallstreetpr) &#8211; Yahoo! Inc. (NASDAQ:YHOO) stock price has been surging in recent trading sessions after Alibaba Group holdings disclosed its plans for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1747,1614,813,712,709,1816],"stock_ticker":[],"class_list":["post-17523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-facebook-inc-nasdaqfb","tag-google-inc-nasdaqgoog","tag-nasdaqfb","tag-nasdaqgoog","tag-nasdaqyhoo","tag-yahoo-inc-nasdaqyhoo","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Yahoo! 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