Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Alibaba Group Holding Ltd (BABA), Yahoo! Inc. (YHOO), Hewlett-Packard Company (HPQ): Among Biggest Gainers On Tuesday

Alibaba Group Holding Ltd (NYSE:BABA) instantly attracted many people around the world, through its successful debut in US. After the first few days, the stock price went below $90 per share and was hovering around high 80’s for almost a month. Interestingly, the stock price again went up and crossed the $90 per share on Tuesday. FBN’s Nicole Petallides reported on Fox Business about various stock performances on Tuesday.

Alibaba jack ma BABA

Petallides mentioned that NASDAQ stock had a big move on Tuesday, with NASDAQ gaining almost 2.3% on the day. She added that this was the largest gaining day for NASDAQ in 2014. She added that the stocks like Yahoo! Inc. (NASDAQ:YHOO), Hewlett-Packard Company (NYSE:HPQ) and Cisco Systems, Inc. (NASDAQ:CSCO) gained more than 2% on Tuesday.

As Yahoo did, Alibaba Group Holding Ltd (NYSE:BABA) had a very good Tuesday with the stock price increasing from $88.85 to $90.90, which jumped by more than 2%.

“[…] Alibaba $90.92 a share. Of course you know that it had been under pressure. This IPO had so much […] around it on September 19. It was almost at the $100 mark, but it certainly has made its way long back above 10 bucks,” Petallides said about Alibaba Group Holding Ltd (NYSE:BABA).

Alibaba Group Holding Ltd (NYSE:BABA) is making some strides into cloud service, by searching for customers in private and public sector.

Disclosure: None

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!