Alibaba jumps more than 40 percent in trading debut

Alibaba Group Holding Ltd’s (BABA.N) shares surged by more than 40 percent in their first day of trading on Friday as investors jumped in to buy what looks likely to be the largest IPO in history. More than two hours after trading began at the New York Stock Exchange, the stock opened at $92.70 a…

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Alibaba jumps more than 40 percent in trading debut

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