Scalper1 News
Alibaba (BABA) reported fiscal fourth-quarter results above Wall Street estimates and said its CEO would step down. China’s No. 1 e-commerce company earned 48 cents per American depository share, above the 42 cents per share analysts polled by Thomson Reuters were expecting. Revenue climbed 45% to $2.81 billion, according to the company, above analysts’ views for $2.77 billion. Alibaba shares jumped 11% in premarket trading on the stock market Scalper1 News
Scalper1 News