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  • Alibaba IPO

    REUTERS/Carlos Barria

    Boom: Alibaba surges 38% in huge IPO debut

    Alibaba, the biggest IPO to ever hit Wall Street, made a huge splash when it started trading Friday.

    Shares of the Chinese e-commerce giant closed at $93.89, marking a 38% pop from the $68 price of its record-shattering initial public offering.

    The bo...

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