Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Why Alibaba Shares Are Falling Today

Alibaba Group Holding Ltd – ADR (NYSE: BABA) shares are trading lower by 2.29% to $117.38 Wednesday morning. Shares of Chinese companies at large are trading lower after Shanghai announced it will be conducting mass COVID-19 testing in several districts following a rise in cases.
byHenry Khederian
July 6, 2022
1 minute read
Total
0
Shares
0
0
0
0
0
0

Alibaba Group Holding Ltd – ADR (NYSE:BABA) shares are trading lower by 2.29% to $117.38 Wednesday morning. Shares of Chinese companies at large are trading lower after Shanghai announced it will be conducting mass COVID-19 testing in several districts following a rise in cases.

Per CNN, China’s northwestern city of Xi’an, a financial hub home to 13 million people, was partially shut down on Wednesday after it reported the country’s first outbreak of a highly transmissible new Omicron subvariant.

See Also: Do You Believe Bitcoin Is Going Above $30K, Ethereum Above $2K And Dogecoin Above 15 Cents By End Of July?

According to data from Benzinga Pro, Alibaba has a 52-week high of $216.60 and a 52-week low of $73.28.

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Why ReShape Lifesciences Stock Is Moving Higher Wednesday

By Dylan Berman
May 29, 10:47 AM
ReShape Lifesciences reported that it gained approval from the United States Patent and Trademark Office for its application entitled, "Intragastric Device (For Treating Obesity)." In the patent filings, the company described the product as a swallowable implant that expands via a balloon in the stomach to induce a feeling of fullness, helping to restrict food intake.

RSLS

Read More

These 3 Mortgage REITs Have Yields Of Over 13% And Are Trading For Far Less Than They’re Worth

By Robert Kuczmarski
November 19, 4:58 PM
The VanEck Mortgage REIT Income ETF (ARCA: MORT) is down roughly 31% year-to-date, as a series of interest rate hikes by the Federal Reserve has sent a shock through real estate-related industries. Mortgage REITs allow investors to join the real estate market without owning the physical property.

AJX