Shares of Alibaba jumped 4.09% to $236.19 at 16:57 EST on Friday, after two sequential sessions in a row of losses. NYSE Composite is jumping 0.23% to $14,963.80, after three consecutive sessions in a row of gains. This seems, so far, a somewhat positive trend trading session today.
Alibaba’s last close was $226.90, 35.20% under its 52-week high of $319.32.
News about Alibaba today
China orders local media to censor Alibaba coverage, FT reports. According to today’s article on Bloomberg Quint, "China has ordered its domestic media to censor reports about an antitrust probe into Alibaba Group Holding Ltd., signaling how the issue has become a matter of national political sensitivity, the Financial Times reported."
Alibaba’s sales growth is 64.5% for the present quarter and 68.7% for the next. The company’s growth estimates for the ongoing quarter is a negative 81.6% and positive 56.5% for the next.
Alibaba’s last day, last week, and last month’s average volatility was a negative 0.31%, a negative 1.00%, and a negative 0.77%, respectively.
Alibaba’s last day, last week, and last month’s high and low average amplitude percentage was 4.48%, 4.26%, and 3.05%, respectively.
Alibaba’s Stock Yearly Top and Bottom Value
Alibaba’s stock is valued at $236.19 at 16:57 EST, way below its 52-week high of $319.32 and way higher than its 52-week low of $169.95.
Alibaba’s Moving Average
Alibaba’s worth is under its 50-day moving average of $255.32 and way under its 200-day moving average of $266.89.
Previous days news about Alibaba
Alibaba jumps 5% after CNBC reports founder jack ma is lying low, not missing. According to Business Insider on Tuesday, 5 January, "He’s not missing," Faber said, adding "what I can tell you is that he’s very likely inHangzhou, where Alibaba is headquartered, and is being less-visible, purposefully…but that doesn’t mean that he’s missing.", "In recent months, Ma’s Ant Group and Alibaba have come under increasing regulatory pressure from Chinese authorities."
U.S. considers adding Alibaba, tencent to China stock ban. According to The Wall Street Journal on Wednesday, 6 January, "U.S. officials are considering prohibiting Americans from investing in Alibaba Group Holding Ltd. ", "Tencent and Alibaba are China’s two most-valuable publicly listed companies with a combined market capitalization of over $1.3 trillion, and their shares are held by scores of U.S. mutual funds and other investors. "
U.S. government considering banning investments in Alibaba, tencent by americans: report. According to MarketWatch on Wednesday, 6 January, "The U.S. government is contemplating a plan that would restrict Americans from buying shares of Alibaba Group Holding Ltd. "
U.S. officials weigh adding Alibaba, tencent to investment ban. According to Bloomberg Quint on Wednesday, 6 January, "Senior U.S. officials are debating whether to bar investments in Alibaba Group Holding Ltd. ", "The discussions involving Alibaba and Tencent focus in part on how such a move might affect capital markets, according to a Wall Street Journal report on the talks earlier Wednesday. "
U.S. weighs adding Alibaba, tencent to China stock ban. According to The Wall Street Journal on Wednesday, 6 January, "U.S. listed units of Alibaba fell more than 5% on Wednesday, and Tencent tumbled by about 4%.", "U.S. officials are considering prohibiting Americans from investing in Alibaba Group Holding Ltd. "