Alibaba Rose Over 2% in Morning Trading after Charlie Munger's Daily Journal Nearly Doubled Its Stake

Tiger Newspress2022-01-05

Alibaba rose over 2% in morning trading after Charlie Munger's Daily Journal nearly doubled its stake.Daily Journal Corp, the publishing and technology company in which Warren Buffett's longtime business partner Charlie Munger is chairman, said it has nearly doubled its stake in Chinese e-commerce giant Alibaba Group Holding.

The U.S. company raised its holding by 99.3% to 602,060 sponsored American Depository Shares as of Dec. 31, Daily Journal said in a regulatory filing on Tuesday, making the stake worth about $72 million as of Jan. 4.

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精彩评论

BKT
2022-01-06
BKT
Good. Pls like thanks.
Agni
2022-01-05
Agni
~
Poopthego
2022-01-05
Poopthego
All in
Wensheng
2022-01-05
Wensheng
Nice

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