About the Author ValueWalk

ValueWalk was started in January 2010, with a focus on value investing and value investors. As the site has grown, the scope has expanded. ValueWalk is now a news site covering all breaking financial news with an emphasis on value investing, hedge funds, large asset managers, Tech news, and general business news. The site contains archives of famous investors, and many investor resource pages. The site is famous among the value investing community as one of the best sites for evergreen and new content. ValueWalk has gained popularity among all circles for its breaking stories on hedge funds, and investigative reports on investments by major funds.

Alibaba Group Holding Ltd Stock Jumps After An Earnings Beat (BABA)

Shares of Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) skyrocketed as much as 8.38% to $86.70 in pre-market trading Thursday after the company released its fiscal fourth quarter results. Alibaba’s Q4 revenue was well above the consensus estimates. For the March quarter, the online retailer reported a 45% increase in revenue to $2.81 billion, compared to the analysts’ estimate of $2.78 billion.

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