NYSE Composite opens in less than four hours and Alibaba’s pre-market value is already 7.19% up.
The last session, NYSE Composite finished with Alibaba rising 3.36% to $251.65. NYSE Composite jumped 0.63% to $14,987.34, following last session’s upward trend on what was a somewhat positive trend exchanging session.
Alibaba’s last close was $243.46, 26.89% below its 52-week high of $319.32.
News about Alibaba today
Jack ma emerges for first time since ant, Alibaba crackdown. According to today’s article on Bloomberg Quint, "The co-founder of Alibaba and Ant didn’t mention his recent run-ins with Beijing during his address, which was first reported in a local blog. ", "While it’s still unclear where Ma is, his emergence in a public forum may help quell persistent rumors about his fate while Beijing pursues investigations into online finance titan Ant Group Co. and Alibaba Group Holding Ltd. "
Some $63 billion richer, Alibaba investors react to ma’s video. According to today’s article on Bloomberg Quint, "The downside risk is mostly priced in but we don’t see a limit to the upside, especially as Alibaba is yet to be added to the stock connect links that are attracting a lot of cash.", "The main concern is regulation targeting Ant Group — as long as the policy risk doesn’t change significantly, Alibaba will be fine. "
Alibaba’s sales growth is 62.2% for the present quarter and 66.5% for the next. The company’s growth estimates for the current quarter is a negative 82.2% and positive 51.9% for the next.
Alibaba’s last day, last week, and last month’s average volatility was a positive 0.20%, a positive 0.62%, and a negative 0.26%, respectively.
Alibaba’s last day, last week, and last month’s high and low average amplitude percentage was 2.00%, 2.86%, and 3.52%, respectively.
Previous days news about Alibaba
World’s rich fled Alibaba following monopoly probe, citi says. According to Bloomberg Quint on Tuesday, 19 January, "Once hailed as drivers of economic prosperity and symbols of the country’s technological prowess, Alibaba and rivals including Tencent Holdings Ltd. "