BABA.N extended an earlier 3.5% pre-market rise to trade at $120.75, with PANews citing Bybit data as the gain widened during the session.
Alibaba Group Holding Ltd. shares rose as much as 7.5% to $120.75 after an earlier 3.5% gain in U.S. pre-market trading. PANews, citing Bybit data on July 15, reported that the advance widened during the session, reflecting stronger investor sentiment around the company’s recent strategic moves and market performance.