NYSE Composite opens in less than two hours and Alibaba’s pre-market value is already 1.67% up.
The last session, NYSE Composite ended with Alibaba rising 3.26% to $242.98. NYSE Composite rose 0.41% to $15,044.38, following last session’s upward trend on what was a somewhat positive trend trading session.
Alibaba’s last close was $235.30, 31.42% under its 52-week high of $319.32.
Alibaba’s sales growth is 62.9% for the current quarter and 67.1% for the next. The company’s growth estimates for the ongoing quarter is a negative 82% and positive 53.4% for the next.
Alibaba’s last day, last week, and last month’s average volatility was a positive 4.30%, a positive 0.68%, and a negative 0.60%, respectively.
Alibaba’s last day, last week, and last month’s high and low average amplitude percentage was 6.28%, 4.05%, and 3.49%, respectively.
Previous days news about Alibaba
Americans won't be banned from investing in Alibaba, tencent, Baidu. According to The Wall Street Journal on Wednesday, 13 January, "The U.S. government is expected to let Americans continue to invest in Chinese technology giants Alibaba Group Holding Ltd. ", "New York-listed Alibaba and Baidu, and Hong Kong-listed Tencent, were among a dozen companies being examined for inclusion in a Defense Department list of firms deemed to support China’s military, intelligence and security services, according to people familiar with the matter. "
U.S. decides against investing ban on Alibaba, tencent and Baidu. According to Bloomberg Quint on Thursday, 14 January, "U.S. officials deliberated but ultimately decided against banning American investment in Alibaba Group Holding Ltd. "