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Here's Why Alibaba, Plug Power And Tesla Are Moving

Benzinga2021-04-12

One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature inBenzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.

Here’s the latest analyst rating updates for Alibaba, Plug Power and Tesla.

Alibaba Group Holding Ltd - ADR BABA 0.01% shares are trading higher after the company was fined $2.8 billion by Chinese regulators, which investors speculate may resolve ongoing government investigations into the company.

Alibaba is the world's largest online and mobile commerce company. The company operates China's most-visited online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer).

Shares of Alibaba are trading higher by 5.85% at $236.38 in Monday’s premarket session.

Morgan Stanley downgrades Plug Power Inc PLUG from Overweight to Equal-Weight and announces a $35 price target.

Plug Power provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets in North America and Europe.

Shares of Plug Power are trading lower by 1.89% at $31.69 in Monday’s pre-market session.

Canaccord Genuity upgrades Tesla Inc TSLA from Hold to Buy and raises the price target from $419 to $1071.

Tesla designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China and internationally.

Shares of Tesla are trading higher by 1.38% at $686.39 in Monday’s pre-market session.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

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评论18

  • zero2hero
    ·2021-04-13
    Should I buy a couple of alibaba and tesla stock and wait for few yearss?
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    • Snakekiller
      For long term, yes
      2021-04-14
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  • CynDEEEEEE
    ·2021-04-13
    will they continue to grow and hold out in the long run? what do you think?
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  • Chewy
    ·2021-04-12
    Finally!!
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  • etf29
    ·2021-04-12
    Tesla to the moon
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  • kittydana
    ·2021-04-12
    cool
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  • Yuyu37
    ·2021-04-12
    Go BABA
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  • Gracedotcom
    ·2021-04-12
    Will they continue to move??
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  • y2k
    ·2021-04-12
    Yeap movers 
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    • J999
      Haha rights
      2021-04-19
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    • y2k
      Hey
      2021-04-19
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  • AT2020
    ·2021-04-12
    Li is the weakest than Nio and Xpeng
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  • rayhky
    ·2021-04-12
    Can hold this share?
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    • rayhky
      not a good sign
      2021-04-13
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  • samfernando
    ·2021-04-12
    Baba.. Worth a look now... Next catalyst will be their Cloud
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  • Didilai
    ·2021-04-12
    Thanks for sharing
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    • Jojofi
      [得意]
      2021-04-12
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    • Didilai
      [财迷]
      2021-04-12
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    • Lty1098
      Like n comment pls
      2021-04-12
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    查看更多 1 条评论
  • Demiiwang
    ·2021-04-12
    👍🏻
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  • CindyXinShou
    ·2021-04-12
    Why others EV company drop so much since last week? 
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  • Caipeng4L
    ·2021-04-12
    Worst over for baba
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    • Zarkness
      I gUess migHt not B over. their ant still have many works to do to get regulated and then can ipo
      2021-04-12
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    • Ola5528
      Hopefully the fine will be the end of the saga. not sure if there will be any new regulations introduced in the next few months that may impact their business?
      2021-04-12
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  • Asycroft
    ·2021-04-12
    I need NIO to move too
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    • 小陈赢钱
      [Strong]
      2021-04-12
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    • Nickeando
      Nio wilL move soon !!!
      2021-04-12
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    • sweeswee96
      Yes, me too...
      2021-04-12
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    查看更多 2 条评论
  • BibiLoh
    ·2021-04-12
    TSLA 
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  • Natmurali
    ·2021-04-12
    But li auto not moving any reason?
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    • LJYOng
      Because not USA company
      2021-04-12
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    • Avestor
      I agree. There is investor bias, Whereby American companies are better regarded
      2021-04-12
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