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19 Sep, 2014

Share volume spikes

Alibaba Yahoo0 Comments

Yahoo’s trading volume spikes to more than 218 million shares by midway through the afternoon session as investors offload the Alibaba part-owner after a 15% run-up since the start of August. FactSet data show the volume is about eight times its average daily total. The shares are down 2.3% at $41.12.

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