Alibaba Results Nudge China Internet ETF Higher
April 16, 2014 at 13:06 PM EDT
Alibaba still is not a public company, though that could soon change, but the firm’s status is not preventing it from making waves for other public companies. For example, shares of Yahoo (NasdaqGS: YHOO), which owns 24% of Alibaba, are up 6.2% Wednesday on volume that is already nearly double the...