BABA Stock: Today's Alibaba Sales Are the Most Important of the Year
November 10, 2014 at 17:34 PM EST
It's Singles' Day in China and customers are celebrating early - which is huge for Alibaba stock. In fact, more than $1 billion was spent over Alibaba Group Holding Ltd. 's (NYSE: BABA) network of sites during the first 17 minutes of the day. To Americans the holiday means nothing. But to those investing in Alibaba stock, it's the biggest day of the year. The post BABA Stock: Today's Alibaba Sales Are the Most Important of the Year appeared first on Money Morning - Only the News You Can Profit From .