Alibaba Group Holding Limited (NYSE: BABA) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 14% on the day to $98.18.
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to merchants, brands, retailers, and other businesses to engage with their users and customers in the People’s Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. The company operates Taobao Marketplace, a social commerce platform; and Tmall.
So far today, approximately 85.33M shares of Alibaba Group Holding Limited have been exchanged, as compared to an average 30-day volume of 21.55M shares.
Alibaba Group Holding Limited share prices have moved between a 52-week high of $125.84 and a 52-week low of $58.01. The stock has moved 2.95% over the past week.
To learn more about Alibaba Group Holding Limited, visit the company’s website at https://www.alibabagroup.com.
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