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Alibaba Already 3% Down, Almost Fourteen Hours Before The NYSE Open

ViaNews Editorial Team

December 24, 2020

Alibaba Already 3% Down, Almost Fourteen Hours Before The NYSE Open
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The New York Stock Exchange opens in less than fourteen hours and Alibaba's premarket value is already 3.35% down.

The last session, the New York Stock Exchange finished with Alibaba rising 0.14% to $256.18. The New York Stock Exchange rose 0.54% to $14,398.60, after three successive sessions in a row of losses, on what was a somewhat positive trend trading session.

Alibaba's last close was $255.83, 24.65% below its 52-week high of $319.32.

Alibaba's Sales

Alibaba's sales growth is 62.3% for the current quarter and 66.4% for the next. The company's growth estimates for the ongoing quarter is a negative 81.9% and positive 55% for the next.

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.