• 169
  • 27
  • Favorite

Alibaba Rose Over 2% in Morning Trading after Charlie Munger's Daily Journal Nearly Doubled Its Stake

Tiger Newspress2022-01-05

Alibaba rose over 2% in morning trading after Charlie Munger's Daily Journal nearly doubled its stake.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

Comment27

  • ming22
    ·2022-01-06
    Good news, finally go up 
    Reply
    Report
  • Jess261
    ·2022-01-06
    Good 
    Reply
    Report
  • TaiWoeiHaur
    ·2022-01-06
    Good morning 😔 
    Reply
    Report
  • 股市小黑
    ·2022-01-06
    👍
    Reply
    Report
  • WJ77
    ·2022-01-06
    👍👍
    Reply
    Report
  • rich9888H
    ·2022-01-06
    Good news and there is hope for this stock
    Reply
    Report
  • JeremyKok
    ·2022-01-06
    What other shares did grandpa charlie buy?
    Reply
    Report
  • Abundance Thankful
    ·2022-01-06
    Wow
    Reply
    Report
  • Guohuo88
    ·2022-01-06
    Meh
    Reply
    Report
  • MNCoffee
    ·2022-01-06
    wow
    Reply
    Report
  • Handoko
    ·2022-01-06
    💪🏻
    Reply
    Report
  • Beli
    ·2022-01-06
    Happy! Thank u Charlie!
    Reply
    Report
  • BKT
    ·2022-01-06
    Good. Pls like thanks.
    Reply
    Report
    Fold Replies
    • JeremyKok
      hi. please like and comment back. thank you.
      2022-01-06
      Reply
      Report
  • jiger
    ·2022-01-05
    Time to fly to the moon
    Reply
    Report
  • Agni
    ·2022-01-05
    ~
    Reply
    Report
  • Poopthego
    ·2022-01-05
    All in
    Reply
    Report
  • 韦韦韦
    ·2022-01-05
    Go go
    Reply
    Report
  • CHECK1894
    ·2022-01-05
    Love you
    Reply
    Report
  • PatSze98
    ·2022-01-05
    Go uncle charlie
    Reply
    Report
  • MickeyMic
    ·2022-01-05
    Looking forward to seeing a great company shine again. 
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial