(RTTNews) - Alibaba Group Holding Ltd. (BABA) shares are surging more than 8 percent on Monday pre-market hours. Currently, shares are at $163.43, up 8.16 percent.
Alibaba shares have been on an uptick since January 9 and today came in to an year-to-date high.
The exponential growth of Artificial Intelligence infrastructure has helped the e-commerce giant recently. Alibaba Cloud's AI-related product revenues have recorded triple-digit growth.
The company's performance throughout 2025 was impressive and the stock's 52-week range was 80.06 - 192.67.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
