NYSE Composite opens in less than five hours and Alibaba’s premarket value is already 3.82% up.
The last session, nYSE Composite ended with Alibaba jumping 0.16% to $222.36. NYSE Composite rose 0.16% to $14,405.77, following last session’s upward trend on what was a somewhat positive trend trading session.
Alibaba’s last close was $222.00, 43.60% below its 52-week high of $319.32.
Alibaba’s sales growth is 62.8% for the present quarter and 66.9% for the next. The company’s growth estimates for the current 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 $222.36 at 04:42 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 worth is way under its 50-day moving average of $263.39 and way below its 200-day moving average of $266.57.
Alibaba’s last day, last week, and last month’s average volatility was a negative 15.40%, a negative 3.72%, and a negative 1.16%, respectively.
Alibaba’s last day, last week, and last month’s high and low average amplitude percentage was 8.84%, 3.29%, and 2.09%, 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, "Meanwhile, Zhejiang Provincial Administration for Market Regulation reportedly said the antitrust probe into Alibaba Group has concluded. ", "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, "He said he is considering buying Alibaba shares if they fall further.", "The hard part is figuring out "how much of the recent regulatory moves against Ant and Alibaba is politically based, how far it will go, and when it will be over," said Alex Au, managing director at Alphalex Capital Management, a Hong Kong-based hedge fund. "
Alibaba, astrazeneca: what to watch when the stock market opens today. According to The Wall Street Journal on Mon Dec 28, "Alibaba, the e-commerce giant Mr. Ma co-founded, owns a third of Ant. ", "Hong Kong-listed shares in Alibaba Group Holding tumbled 8% Monday."