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BABA Jan 2024 245.000 put
| Previous close | 163.20 |
| Open | 163.20 |
| Bid | 158.80 |
| Ask | 161.20 |
| Strike | 245.00 |
| Expiry date | 2024-01-19 |
| Day's range | 163.20 - 163.20 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Alibaba rises on reports China could ease stock ownership rules
Alibaba (BABA) shares are up in late trading as the Chinese government considers easing stock restrictions on foreign ownership of domestic publicly traded companies, according to a report from Bloomberg. Yahoo Finance Live discusses the news. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance Video
Alibaba, Wayfair upgrade, Snap subscriptions: Trending stocks
Stocks were higher in early trading on Friday after experiencing a down week amid the Federal Reserve's September meeting. Alibaba (BABA) shares rose as the Chinese government could be relaxing stock restrictions on foreign ownership of domestic publicly traded companies, according to a report from Bloomberg. Wayfair (W) shares were up after the stock received an upgrade from Bernstein to "market perform" from "underperform," as well as a raised price target to $65 from $60. Snap Inc. (SNAP) shares rose as the social media app has over five million users on its Snapchat+ paid subscription plan. Yahoo Finance Live takes a look at some of the trending tickers of the day. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Motley FoolWhy Alibaba Stock Was Up on Friday
Shares of Alibaba Group (NYSE: BABA) were up 4.8% as of 11:21 a.m. ET on Friday. The stock was moving higher on a Bloomberg report that the tech giant could file an initial public offering (IPO) in Hong Kong for its Cainiao logistics business as early as next week. Alibaba is reportedly hoping to raise $1 billion in the share sale.
