Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Alibaba Stock Popped Again Today

TheMotleyFool

0 0

Shares of Alibaba Group Holding (NYSE: BABA) had jumped 2.5% as of 12:30 p.m. ET today. There's going to come a point in time when Wall Street starts to sound like a broken record when talking about Alibaba.

And that time just might be today. Because once again, investors in the Chinese e-commerce giant are being treated to the mixed signals of a Wall Street bank cutting its price target for Alibaba -- and at the same time promising monster profits to anyone who buys the stock.

Image source: Getty Images.

Source Fool.com

Like: 0

BABA

Share