Alibaba
"Chinese online retailer Alibaba has smashed records with the largest public offering in US history - and is now as valuable as Facebook after just one day on Wall Street.
The e-commerce powerhouse, which sells anything from fat suits to live animals, started the day valued more than Amazon and eBay at $168 billion, and sent tremors through the market as it floated stocks priced at $68 per share.
Shares quickly jumped to $98 once trading finally launched at 11.53am - after a delayed start due to an overwhelming influx of orders.
Now, the firm is worth $230 billion - more than Facebook - as stocks closed at $93, up 38 per cent
Also for any Canadians I learned today that Canada has shares in Alibaba according to news report CPP government plan has invested in Alibaba.
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