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Tuesday, 01/23/2024 12:18:23 PM

Tuesday, January 23, 2024 12:18:23 PM

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Midday movers: Alibaba surges, 3M sinks, and more
By: Investing | January 23, 2024

Main U.S. indexes edged lower Tuesday, consolidating after recent gains as the earnings season kicks into full gear.

Here are some of the biggest U.S. stock movers today:?

Alibaba (NYSE:BABA) shares climbed 7% following a report from the New York Times that suggested co-founders Jack Ma and Joe Tsai believe the business is undervalued and have been buying shares.

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