Alibaba Group Holding Ltd – ADR (NYSE: BABA) shares gained 8.26%, or $11.9 per share, to close Thursday at $156.00. After opening the day at $151.90, shares of Alibaba fluctuated between $158.29 and $150.75. 46,035,242 shares traded hands an increase from their 30 day average of 21,823,470. Thursday’s activity brought Alibaba’s market cap to $424,035,962,688.
Alibaba is headquartered in Hangzhou, Zhejiang.
About Alibaba Group Holding Ltd – ADR
Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a good company that lasts for 102 years.