
Alibaba Group Holdings, Inc (NYSE:BABA) gapped up over 5% off Wednesday’s close and was surging over 12% after printing fourth-quarter and full-year 2021 financial results.
For the quarter, Alibaba reported non-GAAP earnings per ADS of $1.15 on revenues of $32.19 billion, which beat the consensus estimate of $1.10 and revenues of $29.94 billion.