Previous close | 0.5300 |
Open | 0.5000 |
Bid | 0.5000 |
Ask | 0.6900 |
Strike | 180.00 |
Expiry date | 2025-06-20 |
Day's range | 0.5000 - 0.5000 |
Contract range | N/A |
Volume | |
Open interest | 2.62k |
According to the average brokerage recommendation (ABR), one should invest in Alibaba (BABA). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Alibaba stock has been in the doldrums since late 2020 despite repeated calls for a rebound. after a crackdown on the tech sector by Chinese regulators through much of 2021 and 2022 which wreaked havoc.
HANGZHOU, China, April 30, 2024--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba" or "Alibaba Group") today announced that it will report its unaudited financial results for the quarter and fiscal year ended March 31, 2024 before the U.S. market opens on Tuesday, May 14, 2024, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day.