Alibaba Stock Surges Amid Market Rally
Positive Trading Sessions Drive Growth
The Alibaba Group Holding Ltd ADR (BABA) stock made significant gains this week, buoyed by a positive trading environment. On Tuesday, the stock jumped 120 points to 77.90, continuing an upward trend that began earlier in the week.
Monday's Rise
Monday saw BABA rise 178 points to 74.86. This gain came despite a mixed trading session for the overall market.
Wednesday's Surge
Continuing its momentum, BABA soared 200 points to 89.84 on Wednesday. This increase was attributed to a favorable trading session that benefited many stocks.
Thursday's Rally
Thursday's trading brought another gain for BABA, with the stock rising 105 points to 72.02. However, this rally occurred during a rough trading session for the market as a whole.
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