NYSE Composite opens in less than one hour and Alibaba’s premarket value is already 2.99% up.
The last session, nYSE Composite finished with Alibaba jumping 6.25% to $236.26. NYSE Composite fell 0.05% to $14,397.92, following last session’s downward trend on what was a somewhat rough trend trading session.
Alibaba’s last close was $222.36, 35.16% under its 52-week high of $319.32.
Alibaba’s sales growth is 62.8% for the present quarter and 66.8% for the next. The company’s growth estimates for the present quarter is a negative 81.8% and positive 55% for the next.
Alibaba’s Stock Yearly Top and Bottom Value
Alibaba’s stock is valued at $236.26 at 08:31 EST, way under its 52-week high of $319.32 and way above its 52-week low of $169.95.
Alibaba’s Moving Average
Alibaba’s value is below its 50-day moving average of $262.18 and way below its 200-day moving average of $266.62.
Alibaba’s last day, last week, and last month’s average volatility was a positive 0.16%, a negative 3.35%, and a negative 1.12%, respectively.
Alibaba’s last day, last week, and last month’s high and low average amplitude percentage was 4.49%, 3.75%, and 2.21%, respectively.
Previous days news about Alibaba
Barron's post-Christmas picks and pans: Alibaba, Apple, Intel, pool, yelp and more. According to Business Insider on Sun Dec 27, "In "China’s Crackdown on Alibaba Probably Won’t Stop There," Al Root and Liz Moyer point out that Beijing is targeting e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) and its co-founder. "
Alibaba hikes share buyback plan to $10 billion from $6 billion. According to Bloomberg Quint on Mon Dec 28, "Alibaba Group Holding Ltd. ", "Alibaba’s stock is down roughly 30% from its 2020 peak, battered by deepening scrutiny of the giant Chinese internet sector and alleged monopolistic practices at the crown jewel of billionaire Jack Ma’s internet empire. "
Alibaba upsizes share repurchase program to $10 bln. According to Business Insider on Mon Dec 28, "The Chinese Government agency on December 24 launched a probe into Alibaba Group for alleged monopoly behaviors and collected relevant evidences.", "Alibaba Group Holding Limited (BABA) said that its board has authorized to upsize the company’s share repurchase program to $10 billion from $6 billion. "
China online education startup draws Alibaba in $1.6 billion funding round. According to Bloomberg Quint on Mon Dec 28, "Chinese online education startup Zuoyebang raised $1.6 billion in a funding round that attracted Chinese e-commerce giant Alibaba Group Holding Ltd. "
Alibaba shares tumble again after Chinese regulators tighten screws on ant group. According to The Wall Street Journal on Mon Dec 28, "Just two months earlier, it had hit a record of nearly $859 billion on expectations that Alibaba would profit handsomely from Ant’s public listing.", "He said he is considering buying Alibaba shares if they fall further."
Alibaba, astrazeneca: what to watch when the stock market opens today. According to The Wall Street Journal on Mon Dec 28, "Hong Kong-listed shares in Alibaba Group Holding tumbled 8% Monday.", "Alibaba, the e-commerce giant Mr. Ma co-founded, owns a third of Ant. "
Alibaba regulatory woes A 'nirvana set up' for faang stocks, says analyst. According to Business Insider on Tue Dec 29, "KeyBanc Capital Markets analyst Hans Chung said recently that Pinduoduo Inc (NASDAQ:PDD) and JD.com are likely to bethe primary and secondary beneficiaries of the Chinese regulatory investigation into Jack Ma-founded Alibaba.", "What Happened: Ives theorized in a note Monday that the decoupling between the United States and China would have led to Chinese companies such as Alibaba, JD.com, Inc (NASDAQ:JD), Baidu, Inc (NASDAQ:BIDU), Tencent Holdings Limited (OTC:TCEHY), and others gaining more "investor mindshare" due to a complex global backdrop."