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Alibaba Shares Surge On First Day Of Trading

Alibaba founder and CEO Jack Ma has much to laugh about. Shares in the company opened Friday at $92.70 on the New York Stock Exchange. The company is now valued at more than $200 billion — that's bigger that Amazon and Facebook. (AP)
Alibaba founder and CEO Jack Ma has much to laugh about. Shares in the company opened Friday at $92.70 on the New York Stock Exchange. The company is now valued at more than $200 billion — that's bigger that Amazon and Facebook. (AP)

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