Strong Earnings From Lululemon And Alibaba Splitting [Forbes]
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
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Source: Forbes
Shares of Lululemon are surging premarket following strong earnings. (Photo By Raymond Boyd/Getty... [+]Images)Getty ImagesKey TakeawaysIt was a slow Tuesday with stocks largely unchanged. The Nasdaq fell less than 0.5% while the S&P 500 lost just 0.2%. Despite the relative quiet this week, stocks have staged a remarkable rally since hitting recent lows in the wake of the banking crisis just a couple weeks ago. The S&P 500 is up 4% and Nasdaq Composite has gained nearly 7%.The market landscape is pretty interesting at the moment. Outside of the banking sector, stocks appear to be on solid footing. I’ve discussed in the past the S&P 500 being in a range of 3800 – 4200. We still seem to be in that range but with the end of quarter upon us and earnings season just a couple weeks away, I’m curious if we break out of that range one way or another. Within the banking sector itself, we’ve seen a lot of trading opportunities. Now, I’m looking for signs of less trading there and more long term
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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