By Saqib Iqbal Ahmed NEW YORK (Reuters) – Alibaba Group Holding Ltds record public offering of shares on Friday further spurred already elevated activity in Yahoo Incs options, pushing volume on the U.S. Internet company to a one-day record high. Shares of Alibaba, in which Yahoo holds a big stake, surged 38 percent in their first day of trading on Friday, valuing the company at $231 billion by the close of trading. …
Comments are closed.
