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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

€118.40
1.370%
Alibaba Group Holding Ltd ADR gained 1.370% today.
The stock is an absolute favorite of our community with 39 Buy predictions and no Sell predictions.
With a target price of 157 € there is a positive potential of 32.6% for Alibaba Group Holding Ltd ADR compared to the current price of 118.4 €.
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