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Alibaba Group hit a closing high for the second straight day Friday, its fifth straight day of gains. Alibaba Group (BABA) stock rose 1.2% to close at 95.77 Friday. The China e-commerce giant continues a rebound from its all-time low of 82.81 on Oct. 15. Alibaba made its record-setting IPO on Sept. 19, pricing at 68. It was the largest IPO of all time in proceeds raised, some $25 billion, after underwriters exercised a right to purchase additional Scalper1 News
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