BABA’s short interest reaches 40.96 million shares on Feb 15, 2024

As published in a research note from Macquarie on February 08, 2024, Alibaba Group Holding Ltd ADR [BABA] has been rated down from an Outperform to a Neutral and the price target has been revised to $85.40 from $88.50. Analysts at Mizuho resumed the stock at ‘”a Buy”‘ outlook in a report released in mid […]

Sharp increase in BABA’s short interest leads to surge in days-to-cover ratio

CHWY Stock

As published in a research note from Macquarie on February 08, 2024, Alibaba Group Holding Ltd ADR [BABA] has been rated down from an Outperform to a Neutral and the price target has been revised to $85.40 from $88.50. Analysts at Mizuho resumed the stock at ‘”a Buy”‘ outlook in a report released in mid […]

Alibaba Group Holding Ltd. (BABA) Stock on a Roll, Here’s the Reason

Alibaba Group Holding Ltd. (BABA), a popular destination for online shopping, has soared 8.82% in the premarket trading session. Consequently, the stock was trading at $112.73 when last checked. During Monday’s regular trading session, BABA stock slid by 4.35% to close the day at $103.59. The surge in premarket could be attributed to upsizing of […]

Alibaba (BABA), Trinseo (TSE), Cinemark (CNK), AMC, DoorDash (DASH), Airbnb (ABNB) Fell On Monday While Electronic Art (EA), Take-Two Interactive (TTOW) Rose

In Monday Trading, the Chinese giant Alibaba Group Holding Limited (BABA) fell -3.22 percent to $256.03. Alibaba as well as China Literature, a subsidiary of Tencent Holdings, and Shenzhen Hive Package, were each fined 500,000 yuan by the Chinese regulator. By this symbolic number, companies are fined for not properly reporting acquisitions. Electronic Arts Inc […]