New York (MarketWatch) .- shares Alibaba today closed its first day of listing on the NYSE with a soaring of 38.07 %, after starring in the largest IPO in the history of Wall Street .
The titles of the Chinese giant ended the historic day at $ 93.89, above the 92 , $ 7 for those who had started trading and glaring $ 68 they had set Thursday for public offering of shares (IPO).
In this way, Alibaba closed the session with an assessment of more than 231,400 million dollars behind other giants like Apple (606,000 million) or Google (404,000 million) and ahead of rival Amazon (150,000 million) or Facebook (202,000 million).
The Chinese e-commerce giant began trading on the NYSE two hours after the start of the day and only in the first fifteen minutes of hiring more than 127 million shares were exchanged.
Alibaba had set Thursday the final price at $ 68, the highest point of the range it had expected, which provided for a fund with its public offering of shares (IPO) of at least 21,800 million.
The opening ceremony of the day was led by Alibaba, led by founder and CEO Jack Ma, although the charge of ringing the bell that starts stock trading were a group of enterprise customers.
“I am honored and very happy to start trading in New York,” said company founder financial television channel CNBC minutes after it to start the session in which Alibaba made history.
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