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Non-Tech : Kirk's Market Thoughts
COHR 183.94-3.1%3:59 PM EST

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y2kate
To: y2kate who wrote (17828)1/24/2024 4:23:58 PM
From: Kirk ©1 Recommendation   of 27028
 
They were talking about BABA on CNBC yesterday.

MASSIVE insider buying was reported.
Hi Breeze, if you have a chance, can you have a look at BABA? Looks like it could break out. Thank you!
Alibaba co-founders buy more than $200 million worth of shares, sending stock up
PUBLISHED TUE, JAN 23 2024 9:09 AM EST
UPDATED TUE, JAN 23 2024 4:04 PM EST

  • Alibaba co-founders Jack Ma and Joe Tsai have picked up more than $200 million worth of the company’s shares between them in recent months, according to a regulatory filing and The New York Times.
  • Ma has stepped back from leadership roles at the company and the public eye, while Tsai remains chairman.
  • The company’s shares have slumped since November, after a planned spinoff of its cloud business was canceled.
cnbc.com
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