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Why Alibaba Stock Soared Today

TheMotleyFool 
0 0 13.01.26
Why Alibaba Stock Soared Today: https://g.foolcdn.com/editorial/images/850869/baba-stylized-and-colorful-_alibaba-logo-on-hedge_alibaba.jpg
 

Shares of Alibaba Group (NYSE: BABA) leaped on Monday, following several positive developments for the Chinese commerce and cloud computing titan.

By the close of trading, Alibaba's stock price was up more than 10%.

Image source: Alibaba Group.

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Source Fool.com

Alibaba Group Holding Ltd ADR Stock

€106.40
-2.570%
A loss of -2.570% shows a downward development for Alibaba Group Holding Ltd ADR.
The stock is an absolute favorite of our community with 46 Buy predictions and no Sell predictions.
With a target price of 158 € there is a positive potential of 48.5% for Alibaba Group Holding Ltd ADR compared to the current price of 106.4 €.
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