Alibaba CEO Wu Yongming Purchases 350K Shares At An Average Price Of $14.24 Per Share, Increasing Direct Stake To 1,364,418 Shares
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Why It Matters
Alibaba's leader bought more shares of his own company at $14.24 each, showing he believes in it. When a boss buys their company's stock, it can hint they think the business will do well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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