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Yahoo options volume hits record on Alibaba’s market debut

20
Sep
2014

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. …

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