Shares of Alibaba rose 4.02% to $244.77 at 16:08 EST on Thursday, following last session’s upward trend. NYSE Composite is rising 0.73% to $15,092.41, following last session’s downward trend, This seems, as yet, a somewhat positive trend trading session today.
Alibaba’s last close was $235.30, 30.46% under its 52-week high of $319.32.
News about Alibaba today
U.S. decides against investing ban on Alibaba, tencent and Baidu. According to today’s article on Bloomberg Quint, "U.S. officials deliberated but ultimately decided against banning American investment in Alibaba Group Holding Ltd. "
Alibaba’s sales growth is 62.9% for the current quarter and 67.1% for the next. The company’s growth estimates for the present quarter is a negative 82% and positive 53.4% for the next.
Alibaba’s last day, last week, and last month’s average volatility was a positive 4.30%, a positive 0.68%, and a negative 0.60%, respectively.
Alibaba’s last day, last week, and last month’s high and low average amplitude percentage was 6.28%, 4.05%, and 3.49%, respectively.
Alibaba’s Stock Yearly Top and Bottom Value
Alibaba’s stock is valued at $244.77 at 16:08 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 under its 50-day moving average of $250.58 and below its 200-day moving average of $267.45.
Previous days news about Alibaba
Americans won't be banned from investing in Alibaba, tencent, Baidu. According to The Wall Street Journal on Wednesday, 13 January, "The U.S. government is expected to let Americans continue to invest in Chinese technology giants Alibaba Group Holding Ltd. ", "New York-listed Alibaba and Baidu, and Hong Kong-listed Tencent, were among a dozen companies being examined for inclusion in a Defense Department list of firms deemed to support China’s military, intelligence and security services, according to people familiar with the matter. "