Subject: INO
Specialty Retail Stock Performance Review -- LiNiu Technology, Alibaba, Blue Apron, and KAR Auction Services
NEW YORK, October 6, 2017 /PRNewswire/ --
If you want a Stock Review on LINU, BABA, APRN, or KAR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today's pre-market research on DailyStockTracker.com is dedicated to the Specialty Retail space, which carries a focused product set for a niche market. Specialty stores exist in several forms, such as traditional brick-and-mortar retail stores, exclusive online stores, or a combination of both, among others. Lined up for assessment are the following equities: LiNiu Technology Group (NASDAQ: LINU), Alibaba Group Holding Ltd (NYSE: BABA), Blue Apron Holdings Inc. (NYSE: APRN), and KAR Auction Services Inc. (NYSE: KAR). These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:
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LiNiu Technology Group
Macau-based LiNiu Technology Group's stock finished Thursday's session 1.56% higher at $1.10 with a total trading volume of 195,289 shares. The stock is trading below their 50-day moving average by 17.65%. Shares of the Company, which through its subsidiaries, engages in gaming related business, have a Relative Strength Index (RSI) of 41.80.
On September 11th, 2017, LiNiu Technology announced that it has signed a three-year strategic cooperation agreement with The Peoples Insurance Company of China Limited's ("PICC") Guangzhou branch. PICC is one of the largest insurance financial groups in China. Through the agreement, the companies will work together to develop new insurance products tailored for farmers, rural residents, and the Agricultural industry that would help in solving the Three Rural Issues. Your complete research report on LINU can be retrieved for free at:
http://dailystocktracker.com/registration/?symbol=LINU
Alibaba Group Holding
Shares in Hangzhou, the People's Republic of China-based Alibaba Group Holding Ltd rose 0.10%, ending yesterday's session at $178.89 with a total trading volume of 11.86 million shares. The stock has gained 6.39% in the past month, 25.60% in the previous three months, and 103.72% on an YTD basis. The Company's shares are trading 6.90% above their 50-day moving average and 39.63% above their 200-day moving average. Moreover, shares of Alibaba, which through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally, have an RSI of 61.35.
On September 25th, 2017, Alibaba announced that it has agreed to make an additional investment of RMB5.3 billion (US$807 million) to increase its ownership of Cainiao Smart Logistics Network Limited, its logistics affiliate, to a majority stake of 51%. The Company also announced its intention to invest RMB100 billion (US$15.2 billion) over the next five years to further strengthen its global logistics network.
On October 03rd, 2017, research firm Credit Suisse resumed its 'Outperform' rating on the Company's stock, with a target price of $220 per share. A free report on BABA is just a click away at:
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Blue Apron Holdings
On Thursday, New York headquartered Blue Apron Holdings Inc.'s stock saw a slight decline of 0.37%, to close the day at $5.32. A total volume of 1.37 million shares was traded. The Company's shares are trading 5.13% below their 50-day moving average. Additionally, shares of Blue Apron, which operates an e-commerce marketplace that delivers original recipes and fresh ingredients for making home cooking accessible, have an RSI of 44.97.
On September 25th, 2017, research firm Guggenheim initiated a 'Buy' rating on the Company's stock, with a target price of $9 per share. Sign up for your complimentary research report on APRN at:
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KAR Auction Services
Shares in Carmel, Indiana headquartered KAR Auction Services Inc. ended the day 0.62% lower at $47.91. A total volume of 861,397 shares was traded. The stock has gained 5.00% in the last one month, 15.75% in the previous three months, and 12.41% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 7.30% and 9.15%, respectively. Furthermore, shares of KAR Auction Services, which together with its subsidiaries, provides vehicle auction services in the US, Canada, Mexico, and the UK, have an RSI of 69.56.
On September 07th, 2017, research firm Stephens downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'.
On September 19th, 2017, KAR Auction Services announced the development of a new Carmel, Indiana-based corporate headquarters and campus. The 13-acre site will host a new, 250,000-square-foot office building featuring an open floor plan and broad collaborative workspaces. Nearly 1,600 of the Company's 17,400 employees are located in Indiana, and the new location provides space for an additional 400 jobs. Register for free on DailyStockTracker.com and download the latest research report on KAR at:
http://dailystocktracker.com/registration/?symbol=KAR
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