Alibaba Stock Falls After a Buyback Boost. Bad News Can Be Found Between the Lines.
Alibaba’s board approves a $25 billion increase to the company’s share repurchase program through the end of 2027.
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Alibaba’s board approves a $25 billion increase to the company’s share repurchase program through the end of 2027.
Chinese stocks have bounced higher amid a flurry of signals of government support. It may not last.
Chinese stocks have bounced higher amid a flurry of signals of government support. It may not last.
Alibaba is expected to report earnings of 2.39 Chinese yuan (34 cents) a share on revenue of 261 billion yuan ($36.7 billion) in the December quarter.
PDD Holdings Inc. (NASDAQ:PDD – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 3,197,843 shares traded hands during mid-day trading, a decline of 57% from the previous session’s volume of 7,375,335 shares.The stock last traded at $127.04 and had previously closed at $130.15. Analyst Ratings Changes PDD has been the topic […]