Scalper1 News
China-based e-commerce leader Alibaba Group (BABA) surged in its first day of trading after a record-breaking U.S. IPO, but it didn’t bring many other China Internet stocks — friends or foes — with it. Alibaba was up 35%, near 92, in afternoon trading in the stock market today. But Weibo (WB) stock was down a fraction, near 21. The China microblog, nicknamed “China’s Twitter (TWTR),” debuted at 17 in its April IPO and had touched an all-time high Scalper1 News
Scalper1 News