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Barchart
Wajeeh Khan

Should You Buy the Post-Earnings Pop in Alibaba Stock?

BABA Alibaba Alex Yao Eddie Wu e-commerce

Alibaba (BABA) shares have pushed higher in recent sessions after coming in handily above Street estimates in its fiscal second quarter on rising momentum in the giant’s e-commerce business. 

Robust growth in the cloud-computing business and divestment of Trendyol (a Turkish e-commerce platform) also helped strengthen the company’s Q2 as well, according to its earnings release. 

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