From MarketWatch: 2024-07-11 12:32:15

Shares of Alibaba Group Holding Ltd (BABA) surged above their 200 day moving average of $76.80, reaching as high as $78.83 per share during trading on Thursday. The stock is currently up 3% for the day, indicating positive momentum for the company.

Alibaba Group Holding Ltd (BABA) saw a significant increase in trading activity as shares crossed above the 200 day moving average. The stock is currently trading at $78.83 per share, up 3% from the previous day’s close. Investors are responding positively to the company’s performance in the market.

Investors reacted favorably to Alibaba Group Holding Ltd (BABA) as shares rose above the 200 day moving average to $78.83 per share on Thursday. The stock is currently up 3% for the day, showcasing strong market demand for the company’s shares and positive sentiment among investors.



Read more at MarketWatch: Bullish Two Hundred Day Moving Average Cross – BABA