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Alibaba’s stock jumps after Jack Ma makes first public appearance since October – MarketWatch

Shares of Alibaba Group Holding Ltd. undefined shot up 7.3% toward a more than 6-week high in premarket trading Wednesday, putting them on track for a…

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Shares of Alibaba Group Holding Ltd.
BABA,
+3.36%
shot up 7.3% toward a more than 6-week high in premarket trading Wednesday, putting them on track for a fifth-straight gain, after co-founder Jack Ma made his first public appearance in nearly three months. The rally in the China-based internet giant’s shares puts them on track to open at the highest price seen during regular-session hours since Dec. 4. A spokesperson for the Jack Ma Foundation confirmed to The Wall Street Journal that Ma participated…

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