From Nasdaq: 2024-05-02 16:16:23

At the trading session on Thursday, Alibaba Group Holding Ltd (BABA) stock surged past its 200-day moving average of $80.11, reaching as high as $81.06 per share. The company’s shares saw a 6.4% increase for the day, showing strong performance in the market. Investors may see this as a positive sign for the stock’s future growth.



Read more at Nasdaq: BABA Crosses Above Key Moving Average Level