71135814
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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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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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