Bigger than Wal-Mart

22 Sep, 2014

Research firm S&P Capital IQ calculates that at its intraday high of $99.70 a share, Alibaba has a $245.7 billion market capitalization and is in the top 10 biggest U.S. companies. If Alibaba were in the S&P 500 it would rank as ninth biggest, ahead of Wal-Mart, Chevron and P&G.

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