|Bid||162.60 x 900|
|Ask||162.70 x 1300|
|Day's range||163.83 - 171.49|
|52-week range||129.77 - 195.72|
|Beta (3Y monthly)||1.84|
|PE ratio (TTM)||47.05|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Alibaba stock dropped 1.90% on August 22 after a 1.11% fall on August 21. The decline came after its competitor Pinduoduo reported strong earnings results.
Amazon (AMZN) agrees to acquire 49% stake in Future Coupons, through which it will be entitled to snap up a minority share in Future Retail.
Fed and manufacturing news, retail updates, including Target's (TGT) impressive report, why Alibaba (BABA) is a Zacks Rank 1 (Strong Buy) stock, and more on this episode of Free Lunch here at Zacks.
Alibaba, Dillard's, Coca-Cola, McDonald's and Comcast highlighted as Zacks Bull and Bear of the Day
Toll Brothers, Cree, Alibaba, Disney, Sony and Helios and Matheson Analytics are the companies to watch.
Alibaba (BABA) pushed back its planned secondary stock listing in Hong Kong. Alibaba aimed to raise as much as $20 billion through the listing.
Alibaba (BABA) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Hong Kong protests are making an impact. Alibaba has delayed an up to $20bn listing in the city, according to a Reuters report. Pressing ahead with the Chinese ecommerce giant’s listing — Hong Kong’s biggest in a decade — might have annoyed Beijing.
HONG KONG/NEW YORK (Reuters) - China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters. Alibaba's Hong Kong-listing plans are being closely watched by the financial community for indications on the business environment in the Chinese-controlled territory and provides a window into Beijing's reading of the situation. While no new timetable has been formally set, Alibaba could potentially launch the deal as early as October, still seeking to raise $10 billion-$15 billion, depending on whether political tensions had eased and market conditions became more favourable, one of the people said.
Investing.com - Chinese e-commerce giant Alibaba Group Holdings Ltd (NYSE:BABA) is postponing its plans to issue secondary offering in Hong Kong amid the ongoing political unrest in the city, Reuters reported on Wednesday citing two unnamed people with knowledge of the matter.
The experienced executive will help the ad-buying platform tap into one of the world's most important markets for digital advertising.
Chinese technology companies are stumbling in their efforts to disrupt the market for fresh produce because they cannot compete with traditional sales channels on price or convenience. Unless they can ...
Baidu's earnings this evening could be pivotal for the firm as investors evaluate whether Baidu can revitalize grow and remain profitable.