Alibaba stock sinksmore than 5% in Tuesday's premarket. Alibaba postsfiscal Q4 results for quarter ending in March. Adjusted EPADS misses consensus by 2 cents,down 12 cents from a year ago. Revenue rises 7% YoY as AliExpress, Lazada pull more than their weight. Alibaba , maybe China’s most well-known company, posted fiscal fourth-quarter earnings early Tuesday that depressed traders.
stock lost the $80 support level when shares traded down more than 5.5%. If the same carries through to the regular session, this is bad news. The $80 level took stock back to the $70 level, where
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alibaba stock: Analysts are out with their earnings previewAlibaba stock: Analysts are out with their earnings preview
Source: Investingcom - 🏆 450. / 53 Read more »
Alibaba Reports Earnings Soon With Both Fundamentals, Technicals in Its FavorStocks Analysis by Michele Schneider covering: Alibaba Group Holdings Ltd ADR. Read Michele Schneider's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
Cramer's week ahead: Earnings from Home Depot, Alibaba, WalmartCNBC's Jim Cramer on Friday guided investors through next week's market action.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer's week ahead: Earnings from Home Depot, Alibaba, WalmartCNBC’s Jim Cramer on Friday guided investors through next week’s market action.
Source: nbcsandiego - 🏆 524. / 51 Read more »
What is Earnings Season & What to Look for in Earnings Reports?Learn about earnings season and when it occurs, what to look for in earnings reports, and top tips for trading the period.
Source: DailyFX - 🏆 305. / 63 Read more »
Apple Earnings Preview: Low Bar Could Set the Stage for Post-Earnings RallyStocks Analysis by Investing.com (David Wagner) covering: Apple Inc, Tesla Inc. Read Investing.com (David Wagner)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »