Alibaba Down Over 5%, On Track for Largest Percent Decrease Since November 2023 — Data Talk
Alibaba Group Holding Limited Sponsored ADR (BABA) is currently at $73.70, down $4.53 or 5.79%
--On pace for largest percent decrease since Nov. 16, 2023, when it fell 9.14%
--Snaps a two day winning streak
--Up 2.12% month-to-date
--Down 4.92% year-to-date
--Down 76.76% from its all-time closing high of $317.14 on Oct. 27, 2020
--Down 29.88% from 52 weeks ago (Feb. 8, 2023), when it closed at $105.11
--Down 32.05% from its 52-week closing high of $108.46 on Feb. 9, 2023
--Up 8.3% from its 52-week closing low of $68.05 on Jan. 18, 2024
--Traded as low as $73.15
--Down 6.49% at today's intraday low; largest intraday percent decrease since Nov. 16, 2023, when it fell as much as 10.15%
All data as of 11:23:57 AM ET
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 07, 2024 11:41 ET (16:41 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Markets Brief: Is It Really a Surprising Quarter for Earnings?
-
After Earnings, Is Berkshire Hathaway Stock a Buy, a Sell, or Fairly Valued?
-
For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
-
What’s Happening In the Markets This Week
-
How the Tokyo Stock Exchange Is Pushing for Better Shareholder Returns
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Where We See Opportunities After an Ugly Month for Stocks
-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
How to Invest Like Warren Buffett
-
Berkshire Hathaway Earnings: Strong Insurance Results Continue to Lift Revenue and Profitability
-
10 Questions for Berkshire Hathaway’s 2024 Annual Meeting
-
After Earnings, Is Ford Stock a Buy, a Sell, or Fairly Valued?
-
3 Dividend Stocks for May 2024
-
Amgen Earnings: Obesity Drug Update Is Highly Encouraging
-
What’s Going on With Apple, Tesla, and Alphabet?
-
Apple Earnings: A Weak 2024, but Optimism for 2025