Shares of Alibaba slid 4.1% to $265.15 at 14:10 EST on Monday, after two consecutive sessions in a row of losses. The New York Stock Exchange is falling 1.26% to $14,020.00, following yesterday’s upward trend, on what as yet seems, an all-around rough trend exchanging session today.

Alibaba’s last close was $276.48, 20.43% under its 52-week high of $319.32.

Alibaba’s sales growth is 61.7% for the present quarter and 65.7% for the next. The company’s growth estimates for the ongoing quarter is a negative 82% and positive 54.2% for the next.

Alibaba’s stock is valued at $265.15 at 14:10 EST, way under its 52-week high of $319.32 and way higher than its 52-week low of $169.95.

Alibaba’s worth is below its 50-day moving average of $289.56 and higher than its 200-day moving average of $259.89.

LEAVE A REPLY

Please enter your comment!
Please enter your name here