Launched in China, Youku.com’s Stock Goes Into Orbit
by Tom Taulli on Dec.09, 2010, under Towing
Have the markets entered an IPO time warp? This week, Chinese deals were red-hot. Take a look at Youku.com. In Wednesday’s debut, itsstock soared 161% to $33.44, raising $203 million. It marked the best return since Baidu hit the markets five years ago.
Continue reading Launched in China, Youku.com’s Stock Goes Into Orbit
Launched in China, Youku.com’s Stock Goes Into Orbit originally appeared on DailyFinance on Thu, 09 Dec 2010 16:55:00.
Filed Under: Company News, Technology, Investing, Stocks in the News
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