Alibaba Eludes Traders’ Grip with Half of Facebook Swings 

Alibaba Group Holding Ltd.’s smooth sailing since its initial public offering has been a bust for traders hoping to capitalize on volatility.
The average move in Alibaba’s stock over the week following its debut is 2.9 percent, half that of Facebook Inc. in the period after the social networking site went public in May 2012. Brokerages are charging rates to borrow shares, the first step in a short sale, that are about average for the U.S. market, a sign demand for bearish bets hasn’t surged. With options trading set to begin today, Alibaba’s stock is behaving as if the company is a decade and a half old with an established history of earnings — which it is. That’s disappointing news for anyone who was hoping to make money by anticipating big fluctuations in the share price.

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