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Wednesday, August 02, 2017 3:53:54 PM
Veritas Asset Management Llp sold 70,000 shares as the company’s stock rose 22.58% with the market. The institutional investor held 100,000 shares of the business services company at the end of 2016Q4, valued at $8.78 million, down from 170,000 at the end of the previous reported quarter.
Veritas Asset Management Llp who had been investing in Alibaba Group Holding for a number of months, seems to be less bullish one the $384.89B market cap company. The stock declined 2.88% or $4.45 reaching $150.28 per share. About 4.87M shares traded. Alibaba Group Holding Ltd (NYSE:BABA) has risen 57.33% since August 2, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.
https://bzweekly.com/as-alibaba-group-holding-baba-stock-price-rose-veritas-asset-management-llp-cut-stake-by-6-09-million-sheffield-asset-management-has-cut-stake-in-open-text-otex-by-1-78-million-as-share-value/
For direct communication email me futurebankruptcy at gmail dot com
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