Alibaba Hits New Closing High As Recent IPOs Rebound

By | October 23, 2014

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Alibaba (BABA) and the market hit lows last week. But it’s a new day and Alibaba and other recent initial public offerings as the market is now in a confirmed uptrend. Alibaba stock rose 3% to 94.45 on the stock market today , up 14% from its record intraday low of 82.81 on Oct. 15. That’s when the major averages also set recent lows. Alibaba’s recent stock performance compares favorably with other hot recent IPOs. Alibaba made waves with its Scalper1 News

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