A generally quiet day in the markets was dominated by the crazy debut of Alibaba. The S&P 500 fell 0.05% and the NASDAQ 0.30%. Meanwhile, Alibaba surged 38% from its IPO price giving it a first day valuation of $ 200 billion! Oracle fell after its long time CEO Larry Ellison retired his spot to be Chairman, which hurt the NASDAQ.
Original post: STTG Market Recap September 19, 2014
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