On Wednesday, Shares of Alibaba Group Holding Ltd (NYSE:BABA), subtract -3.18% and closed at $96.67 in the last trading session. The last trading range of the stock ranges between $95.80 and $98.58. The company’s Market capitalization is $240.36 Billion with the total Outstanding Shares of 2.47 billion. Alibaba Group (BABA) recently declared its plans to bolster Tmall’s position as the leading ecosystem for the most cutting-edge IoT products, and the go-to platform to drive consumer adoption of a technology-facilitated lifestyle. As part of the program, Tmall will showcase its prowess in the consumer technology category during the 11.11 Global Shopping Festival by debuting new products from some of the biggest names in the industry, counting Beats by Dr. Dre, iRobot, Dyson, Leica, among many others.
At a press conference at Alibaba’s headquarters in Hangzhou, Alibaba Group CEO Daniel Zhang and head of Tmall Electronics Jing Yin, gathered with top executives from Beats, iRobot, Intel, the Consumer Technology Association, and other key industry representatives, to discuss the growth of IoT in China, and how the industry can leverage e-commerce to further advance product and technology innovation.
Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $59.25 and reached to max level of $109.87. The EPS of company is strolling at 2.77.
Shares of Tripadvisor Inc (NASDAQ:TRIP), dropped -16.59% and closed at $52.63 in the last trading session. The last trading range of the stock ranges between $51.00 and $56.02. The company’s Market capitalization is $7.67 Billion with the total Outstanding Shares of 132.90 million. TripAdvisor® is the world’s leading travel site*, enabling travelers to unleash the full potential of every trip. TripAdvisor offers advice from millions of travelers and a wide variety of travel choices and planning features with seamless links to booking tools that check hundreds of websites to find the best hotel prices. TripAdvisor branded sites make up the leading travel community in the world, reaching 350 million average monthly unique visitors**, and reached 385 million reviews and opinions covering 6.6 million accommodations, restaurants and attractions. The sites operate in 48 markets worldwide. TripAdvisor: Know better. Book better. Go better.
Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $51.00 and reached to max level of $87.50. The EPS of company is strolling at 0.94.