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Yahoo Downgraded, Continues Slide Following Alibaba IPO

2014-09-22 21:39:47| Paper - Topix.net

BACKGROUND: On September 19, Alibaba opened for trade on the NYSE at $92.70 after the company's 320.1M shares were originally priced at $68. Alibaba closed Friday at $93.89 per share, giving it a market value of over $230B.

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