Alibaba: Major Re-Rating Now Possible [Seeking Alpha]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
alibabagroup.com/en/ir/home
Company Research
Source: Seeking Alpha
maybefalse/iStock Unreleased via Getty ImagesShares of Alibaba (NYSE:BABAmore than 14%news releasegroup into 6 different units, spurring hopes that the major corporate event could lead to a revaluation of the company's shares. Since Alibaba has a significant amount of cash per-share and already is undervalued based off of P/E, I believe the corporate announcement could lead to a significant re-rating of Alibaba's shares!Alibaba break-up could be a major catalystAlibaba announced yesterday that it would break up its business and run its units independently. The announcement comes in the context of major headwinds for Alibaba's valuation. Alibaba's shares have languished in the last two years and the Chinese firm has been in desperate needof a major catalyst. I believed that Alibaba could create a catalyst for itself by announcing a bigger stock buyback since the firm earned an average quarterlyfree cash flowlevel of $6.7B in the first nine months of FY 2023.One factor that has weighed
Show less
Read more
Impact Snapshot
Event Time:
BABA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BABA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BABA alerts
High impacting Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share news events
Weekly update
A roundup of the hottest topics
BABA
News
- 135th Canton Fair Provides Hassle-free Payment Services for Global VisitorsPR Web
- 135th Canton Fair Provides Hassle-free Payment Services for Global Visitors [Yahoo! Finance]Yahoo! Finance
- UPDATE 1-China's Shein set to face tougher EU online rules [Yahoo! Finance]Yahoo! Finance
- Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City's Global Travel Drive [Yahoo! Finance]Yahoo! Finance
- Alipay+ Launches Football Carnival Across Asia in Global Campaign for UEFA EURO 2024™ [Yahoo! Finance]Yahoo! Finance
BABA
Earnings
- 2/7/24 - Beat
BABA
Sec Filings
- 4/2/24 - Form 6-K
- 3/26/24 - Form 6-K
- 2/23/24 - Form 20-F/A
- BABA's page on the SEC website