As of today, May 29, 2025, the current stock price of Alibaba (BABA) is $120.73. This price reflects a slight increase from the previous day, where it opened at $116.66 and closed at $118.75 after-hours trading on May 28, 2025[1].
The trading volume for Alibaba's stock has been relatively high, with significant movements in recent days. For instance, on May 1, 2025, the stock price fluctuated between $120.19 and $121.45, indicating a trading volume of 8,690,227 shares[4]. This volatility suggests that investors are actively monitoring the company's performance and making adjustments to their portfolios.
Recent news and announcements about Alibaba have been mixed. On May 29, 2025, it was reported that GTS Securities LLC reduced its holdings in Alibaba Group by 99.5% in the fourth quarter of 2024, selling 845,513 shares worth $379,000 at the end of the reporting period[2]. This move indicates a shift in investor sentiment, possibly due to market conditions or internal company dynamics.
Major analyst updates and price target changes have also been noted. While specific details are not provided in the recent reports, it is common for analysts to reassess their forecasts based on quarterly earnings and other significant events. For example, Renaissance Technologies LLC increased its stake in Alibaba Group by 208.5% during the fourth quarter of 2024, purchasing an additional 2,024,640 shares valued at $254 million[2].
Other relevant news includes the company's ongoing efforts to adapt to changing market trends. Alibaba continues to invest in e-commerce, cloud computing, and digital payments, which are key sectors driving its growth. The company's market capitalization stands at $278.32 billion, indicating its substantial presence in the global market[2].
In summary, Alibaba's stock price is currently $120.73, reflecting a slight increase from the previous day. The trading volume has been high, suggesting active investor interest. Recent news includes changes in institutional holdings and potential shifts in analyst forecasts. Alibaba's continued investment in strategic sectors positions the company for future growth, despite the current market dynamics.
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