Inside Move: Alibaba Group Holding Limited (NYSE:BABA), Agios Pharmaceuticals, Inc. (NASDAQ:AGIO), Accenture plc (NYSE:ACN)

April 25, 2023 10:18 am1 commentViews: 67

Alibaba Group Holding Limited (NYSE:BABA) slightly up in previous session as it released an extension of its cross-border e-commerce initiatives, comprising the release of 11 official country pavilions on its Tmall Global platform and cooperative alliances among Juhuasuan, Alibaba’s group-buying platform, and 26 foreign embassies in China. A total of 11 countries, including United States, New Zealand, Australia, Switzerland, France, Britain, Spain, Singapore, Thailand, Malaysia and Turkey will launch country pavilions on Tmall Global, an extension of Tmall.com China’s largest third-party B2C platform for brands and retailers. Alibaba Group Holding Limited (NYSE:BABA) stock has highest price of $85.81 in last session, beginning with a price of $85.16 and reported a gain of 0.11%  to close at $85.17 with a day range of $84.85-$85.81. The stock is going forward its 52-week low with 9.52% and moving down from its 52 week high price with -29.03%.

Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) released that dose administration for the first patient in a Phase 1, open-label, dose-escalation as well as expansion study of single agent AG-881, a small molecule with the intention of has shown in preclinical studies to fully penetrate the blood-brain barrier and inhibit isocitrate dehydrogenase-1 (IDH1) and IDH2 mutations in cancer models. The second portion of the study is a dose expansion phase where patients will receive AG-881 to further evaluate the safety, tolerability, and clinical activity of the recommended Phase 2 dose. Shares of Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) traded at $103.96 by moving up 0.32% with price volatility of 5.15% for a week and 5.06% for a month.

Technology outsourcing and consultancy company, Accenture plc (NYSE:ACN)  released that it has expanded its contract with Starwood Hotels & Resorts Worldwide, Inc. (HOT) to provide a range of information technology (IT) outsourcing services. According to new agreement, Accenture will continue to offer services across the application, infrastructure, and security domains. The services support the deeper operational efficiency and agility for the hotel group’s global operating model. Accenture will deliver the services from Starwood’s locations and Accenture’s Global Delivery Network. Accenture plc (NYSE:ACN) stock hit highest price at $98.40, beginning with a price of $98.01 and reported a loss of -0.49%  to close at $97.77 with a day range of $96.79-$98.40.

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