-
Alibaba's Q3 Top-And-Bottom Line Beat Sends Stock Up
Thursday, January 28, 2016 - 8:31am | 319Shares of Alibaba Group Holding Ltd (NYSE: BABA) were trading higher by more than 5 percent at $73.25 early Thursday morning after the company reported its third quarter results. Alibaba earned $0.99 per share in its third quarter on revenue of $5.33 billion. Wall Street analysts were expecting...
-
Does Wall Street Still Love Alibaba?
Wednesday, October 28, 2015 - 11:04am | 1003Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost nearly 25 percent of its value year-to-date. The stock surged as high as $85.24 on Tuesday following its second-quarter print, but gave up most of its gains and closed the day $79.41. Analyst at Wedbush highlighted ongoing macro...