AABA - Altaba Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
61.91
-0.32 (-0.51%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Trade prices are not sourced from all markets
Previous Close62.23
Open62.67
Bid61.75 x 2200
Ask62.21 x 1400
Day's Range61.73 - 63.20
52 Week Range54.75 - 82.45
Volume5,086,577
Avg. Volume7,024,246
Market Cap32.163B
Beta (3Y Monthly)1.44
PE Ratio (TTM)N/A
EPS (TTM)-15.90
Earnings DateAug 14, 2019 - Aug 19, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est76.00
  • Insider Monkeyyesterday

    Dorsal Capital Management’s Return, AUM, and Holdings (Part II)

    Read the beginning of this article here. As of March 31st, 2019, Dorsal Capital Management's most valuable position was also one of its newest acquisitions, Altaba Inc. (NASDAQ:AABA). The fund purchased 2.15 million shares of the publicly traded closed-end management investment company that used to be known as Yahoo! Inc. The value of the stake […]

  • Barrons.com2 days ago

    Alibaba ADRs Have 40% Upside Because Trade-War Fears Can’t Overshadow Long-Term Growth

    Stifel analyst Scott Devitt added ADRs of the Chinese internet giant to the firm’s select list and sees them rising to $220 each. He sees opportunity for patient holders.

  • Just coming out of IPO, Precision strikes $50 million credit deal with bank
    American City Business Journals4 days ago

    Just coming out of IPO, Precision strikes $50 million credit deal with bank

    Just months following the company's $130 million initial public offering, Precision Biosciences has announced a $50 million credit agreement with a West Coast bank.

  • Alibaba, Cisco, Agios Pharmaceuticals and More: Why These Stocks Are in the Spotlight
    Insider Monkey11 days ago

    Alibaba, Cisco, Agios Pharmaceuticals and More: Why These Stocks Are in the Spotlight

    Although it is rapidly approaching 13F season and traders are closely watching oil stocks due to the rising Middle East tensions, several stocks such as Alibaba Group Holding Limited (NYSE:BABA), Altaba Inc. (NASDAQ:AABA), Cisco Systems, Inc. (NASDAQ:CSCO), Agios Pharmaceuticals Inc (NASDAQ:AGIO), and Virtusa Corporation (NASDAQ:VRTU) are in the spotlight for various reasons. Let's analyze why traders are watching each stock […]

  • Business Wire11 days ago

    Altaba Announces Planned Sale of Alibaba Shares

    Altaba Inc. (“Altaba” or the “Fund”) announced today that, in connection with its previously announced Plan of Complete Liquidation and Dissolution (the “Plan”), the Fund intends to commence selling the Alibaba Group Holding Limited’s (“Alibaba”) American Depositary Shares (the “Alibaba Shares”) on May 20, 2019. The Fund intends to sell the Alibaba Shares through open market transactions and/or through private dispositions not executed or recorded on a public exchange or quotation service. The Fund has previously disclosed that it intends to sell a minimum number of Alibaba Shares to ensure that the Fund has sufficient liquid assets to cover the amount of assets that the board of directors of the Fund (the “Board”) estimates will be sufficient to cover the maximum potential reserves that might be required by the Delaware Court of Chancery to satisfy the Fund’s known, contingent and potential future liabilities, and the Fund may sell up to 100% of its Alibaba Shares.

  • MarketWatch11 days ago

    Alibaba's stock gains on heavy volume after results, bucking broader market weakness

    Shares of Alibaba Group Holding Ltd. gained 0.7% in very active morning trade Wednesday, to buck the selloff in the broader stock market, after the China-based e-commerce behemoth beat fiscal fourth-quarter revenue expectations for the first time in a year. Volume topped 13 million shares, enough to make the stock the most actively traded on major U.S. exchanges, and just below the full-day average of 14.6 million shares. Meanwhile, the S&P 500 fell 0.5%. Both earnings and revenue rose above the average analyst estimates compiled by FactSet. For fiscal 2020, the company expects to generate over RMB500 billion in revenue, which would represent growth of 32.7% over the RMB376.84 billion in revenue the company recorded in 2019, which was 50.6% above 2018 revenue of RMB250.27 billion. Separately, shares of Altaba Inc. , which owned 283.3 million shares of Alibaba as of March 31, rose 0.5%. Alibaba's stock has now rallied 28.4% year to date, while the S&P 500 has gained 12.6%.

  • Business Wire14 days ago

    Altaba Announces Meeting Date and Record Date for Special Meeting

    Altaba Inc. (“Altaba” or the “Fund”) (AABA) today announced that its special meeting of stockholders in connection with the proposed liquidation and dissolution of the Fund will be held on Thursday, June 27, 2019 at 11:30 a.m. (Eastern time), at 50 Vanderbilt Avenue, New York, New York 10017. At the special meeting, the Fund’s stockholders will meet for the following purposes: (i) to consider and vote upon a proposal to approve the voluntary liquidation and dissolution of the Fund pursuant to the Fund’s previously announced Plan of Complete Liquidation and Dissolution (the “Plan”) and (ii) to grant discretionary authority to the Board of Directors of the Fund (the “Board”) to adjourn the special meeting, even if a quorum is present, to solicit additional proxies in the event that there are insufficient votes at the time of the special meeting to approve the liquidation and dissolution of the Fund pursuant to the Plan.

  • Markit19 days ago

    See what the IHS Markit Score report has to say about Altaba Inc.

    Altaba Inc NASDAQ/NGS:AABAView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for AABA with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AABA totaled $7.01 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • New Strong Sell Stocks for April 30th
    Zacks26 days ago

    New Strong Sell Stocks for April 30th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today

  • Scoop Up AABA Stock, Says Signal
    Schaeffer's Investment Researchlast month

    Scoop Up AABA Stock, Says Signal

    A bullish signal just flashed on the charts for AABA

  • 5 Ways the Smart Money is Playing the Chinese Cloud
    Insider Monkeylast month

    5 Ways the Smart Money is Playing the Chinese Cloud

    China is already the second largest economy in the world and some believe it will eventually be the biggest one day. Given how large China's market is, President Trump has pushed for fairer trade standards and for the government there to open more markets. One potential concession made by the Chinese government is potentially the cloud. According […]

  • Billionaire George Soros’ Biggest Equity Positions
    Insider Monkeylast month

    Billionaire George Soros’ Biggest Equity Positions

    Billionaire George Soros is one of the greatest investors of all time. His overall performance ranks up there with Simons, Buffett, Icahn, and other famous names. Soros has also shown his shrewdness in the futures market, forex market, and the equity market. Unlike some other markets, we as average investors get to see how his fund, Soros […]

  • Barrons.com2 months ago

    Should Altaba Investors Stay or Should They Go?

    Altaba holders may want to consider selling their shares rather than waiting for the company’s complex liquidation process to play out over what could be several years.

  • Barrons.com2 months ago

    Altaba Did What It Had to Do With Alibaba Liquidation, Analyst Says

    Altaba’s move to liquidate its big stake in Alibaba and close down isn’t quite the deal JPMorgan was looking for, but investors can expect Altaba shares to rise about 7% by the end of the year assuming the liquidation goes through.

  • Insider Monkey2 months ago

    The Hottest New Hedge Fund of 2018 Is Buying These Stocks

    As it turns out Michael Gelband’s ExodusPoint Capital is the hottest new hedge fund of 2018 because more and more people are stepping down from its current portfolio manager roles just to take a chance at working at ExodusPoint as analysts. For example, Josh Powers joined ExodusPoint in December leaving First New York, where he […]

  • Stock Market Today: Altaba Throws in the Towel
    Motley Fool2 months ago

    Stock Market Today: Altaba Throws in the Towel

    Elsewhere, Dave & Buster's rose after reporting a strong fourth quarter.

  • Yahoo spin-out Altaba is selling its entire Alibaba stake and closing down
    TechCrunch2 months ago

    Yahoo spin-out Altaba is selling its entire Alibaba stake and closing down

    The Yahoo spin-out created to house Yahoo's lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative stake in Alibaba and shut up shop. The entity has long existed as a proxy to Alibaba -- some might argue Yahoo was the same in its final years -- and the sale is expected to net shareholders around $40 billion. Altaba was formed following AOL's 2017 acquisition of Yahoo to create Oath -- disclaimer: that's TechCrunch's parent, and it is now called Verizon Media Group -- to keep hold of the 15 percent stake in Alibaba and a 35.5 percent stake in Yahoo Japan that Yahoo owned.

  • Barrons.com2 months ago

    The Alibaba-Yahoo Saga Is Ending. A Major Holder of Chinese Web Giant Will Liquidate.

    Altaba, whose chief asset is a $50 billion stake in Alibaba Group Holding, plans to liquidate and distribute its assets to shareholders in an effort to deliver the most value to its own investors.

  • Dow Jones Futures Rise On China Trade News: AMD Nears Buy; Altaba To Liquidate Alibaba Stake; Tesla In Focus
    Investor's Business Daily2 months ago

    Dow Jones Futures Rise On China Trade News: AMD Nears Buy; Altaba To Liquidate Alibaba Stake; Tesla In Focus

    Stock futures rose on China trade news: AMD neared a buy point. Altaba will liquidate, selling its 15% Alibaba stake. Tesla bulls and bears kept a close watch for Q1 delivery data.

  • Business Wire2 months ago

    Altaba Announces Board Approval of Plan of Complete Liquidation and Dissolution

    Altaba Inc. (“Altaba” or the “Fund”) (AABA) today announced that the Fund’s Board of Directors (the “Board”) has approved the liquidation and dissolution of the Fund pursuant to a Plan of Complete Liquidation and Dissolution (the “Plan”), subject to stockholder approval. The Fund intends to file a proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) with respect to a special meeting of stockholders to seek stockholder approval of the liquidation and dissolution pursuant to the Plan.

  • Were Hedge Funds Right About Altaba Inc. (AABA)?
    Insider Monkey2 months ago

    Were Hedge Funds Right About Altaba Inc. (AABA)?

    Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 13.1% in the 2.5 months of 2019 (including […]

  • Jeffry Gates’ Gates Capital Management’s Return, AUM, and Holdings
    Insider Monkey2 months ago

    Jeffry Gates’ Gates Capital Management’s Return, AUM, and Holdings

    Jeffry Gates’ Gates Capital Management is an event-driven alternative asset manager founded back in 1996, which managed around $2.69 billion on a discretionary basis at the end of 2016. Besides being its founder, Jeffrey Gates is the current President and Portfolio Manager of the fund, whose headquarters are in the Big Apple. Before launching his […]

  • Top-Performing ETFs Of The 10-Year Bull-Run
    Zacks2 months ago

    Top-Performing ETFs Of The 10-Year Bull-Run

    Learn more about the ETFs that crushed the broad indexes during the ten-year bull-run.