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Alibaba poised to surge on the NYSE

NEW YORK (AP) — Chinese e-commerce powerhouse Alibaba will say "open sesame" to the New York Stock Exchange on Friday, as its shares begin trading in a highly anticipated debut that could raise up to $25 billion. The company priced its initial public offering of stock Thursday evening at $68 per share, the top end of the expected price range, according to Alibaba. The shares will trade under the ticker "BABA" on the NYSE. The IPO values Alibaba at $167. 62 billion. That's bigger than the...

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