Alibaba stock surged 56% in Q1 despite Nasdaq drop, driven by positive company factors

From Yahoo Finance: 2025-04-06 10:10:00

Alibaba Group’s stock defied market trends, rallying 56% in Q1 despite the Nasdaq’s 10% tumble. Factors driving this surge include Jack Ma’s return and the success of the latest AI platform. Strong fiscal results in late February also boosted shares to a multiyear high. Concerns about newly imposed tariffs have caused some volatility, but analysts remain bullish on the stock. Investors should consider the Motley Fool’s top 10 stock picks for potential high returns, noting their historical outperformance compared to the S&P 500. Overall, Alibaba’s stock remains resilient and poised for growth.



Read more at Yahoo Finance: Alibaba Stock Soared 56% in Q1 While the Nasdaq Plunged 10%. Here’s Why.