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Alibaba Group Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange

NEW YORK--(BUSINESS WIRE)--Alibaba Group Holding Ltd. opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol "BABA" after its initial public offering (IPO) on the floor of the NYSE. Barclays is the Designated Market Maker for the company's stock, which opened at $92.70.