• 145
  • 25
  • Favorite

Alibaba Rose nearly 4% in Premarket Trading

Tiger Newspress2022-01-07

Alibaba rose nearly 4% in premarket trading. Charlie Munger's Daily Journal nearly doubled its stake in Alibaba on Wednesday.

Daily Journal Corp, the publishing and technology company in which Warren Buffett's longtime business partner Charlie Munger is chairman, said it has nearly doubled its stake in Chinese e-commerce giant Alibaba Group Holding.

The U.S. company raised its holding by 99.3% to 602,060 sponsored American Depository Shares as of Dec. 31, Daily Journal said in a regulatory filing on Tuesday, making the stake worth about $72 million as of Jan. 4.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment25

  • Noobplayer
    ·2022-01-10
    Great 
    Reply
    Report
    Fold Replies
    • tig2021
      ok
      2022-01-11
      Reply
      Report
  • th0mastan
    ·2022-01-08
    There seems to be some support for $Alibaba(BABA)$, would be good to monitor the coming weeks for it to hold. Recovery will notbe a straight way up but at current price, it does present great value if we really dissectthe company and value each business individually 
    Reply
    Report
  • Jess261
    ·2022-01-08
    Okay 
    Reply
    Report
  • ThorG
    ·2022-01-08
    Good potential?
    Reply
    Report
  • BKT
    ·2022-01-08
    Good. Pls like thanks.
    Reply
    Report
  • GuSen
    ·2022-01-07
    🤔🤔🤔
    Reply
    Report
  • Sallychua
    ·2022-01-07
    [Smile] 
    Reply
    Report
  • Handoko
    ·2022-01-07
    👏🏻
    Reply
    Report
  • LeeJC
    ·2022-01-07
    K
    Reply
    Report
  • 13dd9967
    ·2022-01-07
    Wow
    Reply
    Report
  • JTBY
    ·2022-01-07
    Go go go ! Rise 
    Reply
    Report
  • granola
    ·2022-01-07
    Need a like. Thanks! :)
    Reply
    Report
  • scroxia
    ·2022-01-07
    Like pls
    Reply
    Report
  • Desss
    ·2022-01-07
    like pls
    Reply
    Report
  • Agneschl
    ·2022-01-07
    Like
    Reply
    Report
  • Aqrz
    ·2022-01-07
    Warren buffet once said that Munger is even better than him. 
    Reply
    Report
  • Andrewinho
    ·2022-01-07
    Up up up!!! 👏👏👏
    Reply
    Report
  • Suba
    ·2022-01-07
    Can buy?
    Reply
    Report
  • mster
    ·2022-01-07
    Is it really safe to enter already?… confidence has shaken… 
    Reply
    Report
  • DJBoy
    ·2022-01-07
    Just because he bought?
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial