BABA Rejected from the trendline. I loaded more today. Beijing removed the top gaming official for coming up with stupid rule. Xi is now desperate to pump China market. Alibaba Group Holding boosted ts stock repurchases in the fourth quarter to $2.9 billion, up from $1.7 billion in the third quarter, as the company's share price declined.
The Chinese e-commerce giant bought back $9.5 billion of stock during 2023, resulting in a net reduction of 3.3% of its shares outstanding after accounting for shares issued under employee plans, the company said in a filing Tuesday.
Alibaba said it has $11.7 billion remaining under its current buyback authorization.
🚀🌙 time!
Upside targets:
$80
$84
$89
Downside risk:
$72
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。