71135814
voted
BABA's Current Narrative
One of the best companies in China has had a rough few years in the stock market. BABA experienced a very bullish Friday due to the markets assumption that the chinese government is easing its megacap tech crackdown.
This assumption stemed from the chinese government giving Ant group a measly fine of several hundred million dollars. This is chump change to a huge company like BABA. If this is the extent to the China tech crackdown, then it might b...
One of the best companies in China has had a rough few years in the stock market. BABA experienced a very bullish Friday due to the markets assumption that the chinese government is easing its megacap tech crackdown.
This assumption stemed from the chinese government giving Ant group a measly fine of several hundred million dollars. This is chump change to a huge company like BABA. If this is the extent to the China tech crackdown, then it might b...
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71135814
commented on
Here are the top gap ups and downs for the stocks with a market cap above $5 billion after market closed (gaps range from large to small):
Gap Ups
1. $Rivian Automotive (RIVN.US)$ - up 3.8%
2. $Alibaba (BABA.US)$ - up 3.2%
3. $POSCO (PKX.US)$ - up 2.1%
4. $Playtika Holding (PLTK.US)$ - up 1.6%
5. $Royal Philips (PHG.US)$ - up 1.6%
6. $Vertiv Holdings (VRT.US)$ - up 1.2%
7. $Logitech International (LOGI.US)$ - up 1.2%
8. $Saia (SAIA.US)$ ...
Gap Ups
1. $Rivian Automotive (RIVN.US)$ - up 3.8%
2. $Alibaba (BABA.US)$ - up 3.2%
3. $POSCO (PKX.US)$ - up 2.1%
4. $Playtika Holding (PLTK.US)$ - up 1.6%
5. $Royal Philips (PHG.US)$ - up 1.6%
6. $Vertiv Holdings (VRT.US)$ - up 1.2%
7. $Logitech International (LOGI.US)$ - up 1.2%
8. $Saia (SAIA.US)$ ...
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