NYSE Composite opens in less than five hours and Alibaba’s pre-market value is already 7.67% up.
The last session, NYSE Composite ended 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 trading session.
Alibaba’s last close was $243.46, 26.89% under 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, "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. ", "While Ant and Alibaba have borne the brunt of that assault since November, investors have since sold off peers from Tencent to Meituan."
Some $63 billion richer, Alibaba investors react to ma’s video. According to today’s article on Bloomberg Quint, "We’re not in a hurry to add Alibaba shares yet because the regulation hammer will still fall on these firms. ", "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."
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. "