Alibaba Stock Has A Record Gain — Time To Buy?

By | March 5, 2015

Scalper1 News

One day after Alibaba (BABA) hit a record low, the Chinese e-commerce giant has rebounded a bit. On the stock market today, Alibaba shares had their biggest single-day gain since their first day of trade. But is it time to buy this recent IPO? Meanwhile, shares of Yahoo (YHOO) rebounded off of their 200-day line in fast trade, closing the day up 3%. Yahoo has yet to sell its entire stake in Alibaba, so the Chinese stock has an impact on Yahoo’s Scalper1 News

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