The New York Stock Exchange ended the session with Alibaba shares jumping 4.17% to $270.74 on Friday. The New York Stock Exchange slid 0.26% to $13827.
Alibaba’s last close was $259.89, below its 52-week high of $319.32.
Alibaba’s sales growth is 62.2% for the present quarter and 66.3% for the next. The company’s growth estimates for the ongoing quarter is a negative 81.9% and positive 55% for the next.
Alibaba’s stock is valued at $270.74 at 10:05 EST, way below its 52-week high of $319.32 and way above its 52-week low of $169.95.
Alibaba’s value is under its 50-day moving average of $292.38 and above its 200-day moving average of $255.85.