Alibaba Aktie
WKN DE: A117ME / ISIN: US01609W1027
29.08.2025 19:28:06
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Alibaba Shares Jump 14% On Strong Q1 Earnings
(RTTNews) - Alibaba Group Holding Limited (BABA) surged 13.73 percent to $135.99 on Friday, gaining $16.42 after posting stronger-than-expected quarterly results. The company reported revenue of RMB 247.7 billion for the June quarter, up from RMB 243.2 billion a year earlier. Net income climbed to RMB 42.4 billion, compared with RMB 24.0 billion in the prior year.
The stock opened at $128.88 and traded between $128.55 and $134.49, versus a previous close of $119.57 on the New York Stock Exchange. Trading volume spiked to 55.76 million shares, far above the average of 12.89 million.
Alibaba now trades near the high end of its 52-week range of $80.06 to $148.43, boosted by its earnings momentum.

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Alibaba | 151,80 | -0,52% |
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