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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.

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Comment27

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