Scalper1 News
Alibaba Group (BABA) stock hit a new high Tuesday after China’s e-commerce leader reported third-quarter earnings that showed strong growth in mobile. The China e-commerce giant reported earnings per share minus items of 45 cents, meeting Wall Street’s consensus estimate, for its fiscal second quarter ended Sept. 30. Revenue of $2.74 billion, up 54% from the year-earlier quarter and led by a surge in mobile sales, beat estimates of $2.6 billion, Scalper1 News
Scalper1 News