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Striking gold: Alibaba's shares jump on first day in NYSE

Devang Dave September 20, 2014, 07:45:53 IST

Alibaba debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO .

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Striking gold: Alibaba's shares jump on first day in NYSE

[caption id=“attachment_100782” align=“alignnone” width=“860”] RTR46YXE Alibaba Group Holding Ltd founder Jack Ma (C) and Joseph Tsai (center L), vice chairman and co-founder, pose with employees as they arrive for the company’s initial public offering (IPO) under the ticker “BABA”, at the New York Stock Exchange. Reuters[/caption]

[caption id=“attachment_100783” align=“alignnone” width=“860”] RTR46YCI Alibaba Group Holding Ltd. founder Jack Ma celebrates after ringing a ceremonial bell at the New York Stock Exchange to celebrate the company’s IPO. Alibaba Group Holding Ltd’s shares surged by more than 40 percent in their first day of trading on Friday as investors jumped in to buy what looks likely to be the largest IPO in history. Reuters[/caption]

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[caption id=“attachment_100784” align=“alignnone” width=“860”] RTR46YZB Specialist traders work at the post that trades Alibaba Group Holding Ltd during the company’s initial public offering (IPO) under the ticker “BABA” at the New York Stock Exchange in New York. Reuters[/caption]

[caption id=“attachment_100785” align=“alignnone” width=“860”] RTR46XIA Alibaba Group Holding Ltd founder Jack Ma is interviewed at the New York Stock Exchange before his company’s IPO. Reuters[/caption]

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