Market Moves: Alibaba Dips Then Recovers; Ituran Soars on Rising Car Theft

BrianTycangco鄭彥渊
11-26

1. $Alibaba(BABA)$

$Alibaba(BABA)$ Up 4% in premarket and then down at the open on poor general market sentiment today. Wild.

But I expect this to close up 3-5% as market digests negative news on $NVIDIA(NVDA)$ .

2. $Ituran Location and Control(ITRN)$

ITRN is up 126% in 5yrs because car theft is a growing industry in the USA.

Not exactly the growth industry we want to see flourishing. But, hey, problems require solutions.

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