To a new alltime closing high there seemed to be only one stock that everyone on wall street was talking about today. Its name, alibaba, and its triumph in the initial Stock Offering managed to live up to all the hype creating a seldom seen mob of traders jockeying around the post where traders finally began trading on the New York Stock Exchange just before noon. Alibabas ipo was one for the record books bigger than any offering that came before it. Shares of the Online Shopping powerhouse blew right past the opening share house thursday and put the value on the company at roughly 42 billion, more than top competitor u. S. Giant amazon, more than ebay, and more even than facebook. And just a bit below walmart. By the close, alibabas shares were 30 higher. Kayla tausche has more on the blowout debut on the nyse. Reporter alibaba is off and running. The chinese ecommerce giant soared above 90 in its debut after pricing thursday at 68 a share. The Company Founded in the apartment of entr
To a new alltime closing high there seemed to be only one stock that everyone on wall street was talking about today. Its name, alibaba, and its triumph in the initial Stock Offering managed to live up to all the hype creating a seldom seen mob of traders jockeying around the post where traders finally began trading on the New York Stock Exchange just before noon. Alibabas ipo was one for the record books bigger than any offering that came before it. Shares of the Online Shopping powerhouse blew right past the opening share house thursday and put the value on the company at roughly 42 billion, more than top competitor u. S. Giant amazon, more than ebay, and more even than facebook. And just a bit below walmart. By the close, alibabas shares were 30 higher. Kayla tausche has more on the blowout debut on the nyse. Reporter alibaba is off and running. The chinese ecommerce giant soared above 90 in its debut after pricing thursday at 68 a share. The Company Founded in the apartment of entr
To a new alltime closing high there seemed to be only one stock that everyone on wall street was talking about today. Its name, alibaba, and its triumph in the initial Stock Offering managed to live up to all the hype creating a seldom seen mob of traders jockeying around the post where traders finally began trading on the New York Stock Exchange just before noon. Alibabas ipo was one for the record books bigger than any offering that came before it. Shares of the Online Shopping powerhouse blew right past the opening share house thursday and put the value on the company at roughly 42 billion, more than top competitor u. S. Giant amazon, more than ebay, and more even than facebook. And just a bit below walmart. By the close, alibabas shares were 30 higher. Kayla tausche has more on the blowout debut on the nyse. Reporter alibaba is off and running. The chinese ecommerce giant soared above 90 in its debut after pricing thursday at 68 a share. The Company Founded in the apartment of entr
There seemed to be only one stock that everyone on wall street was talking about today. Its name, alibaba, and its triumph in the initial Stock Offering managed to live up to all the hype creating a seldom seen mob of traders jockeying around the post where traders finally began trading on the New York Stock Exchange just before noon. Alibabas ipo was one for the record books bigger than any offering that came before it. Shares of the Online Shopping powerhouse blew right past the opening share house thursday and put the value on the company at roughly 42 billion, more than top competitor u. S. Giant amazon, more than ebay, and more even than facebook. And just a bit below walmart. By the close, alibabas shares were 30 higher. Kayla tausche has more on the blowout debut on the nyse. Reporter alibaba is off and running. The chinese ecommerce giant soared above 90 in its debut after pricing thursday at 68 a share. The Company Founded in the apartment of entrepreneur jack ma in 1999 with