Alibaba shares have broken $100.
In morning trade on Tuesday, shares of the Chinese e-commerce giant, which debuted on the New York Stock Exchange on Sept. 19, crossed the $100 mark for the first time.
At this price, the company has a market cap of more than $250 billion, with the stock rising more than 35% from its IPO price of $68.
Alibaba is scheduled to release its first quarterly report as a public company next Tuesday before the market open.
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