Alibaba (NYSE: BABA) Stock Price Hits $100 on Apple Pay News – And That's Just the Start

The Alibaba Group Holding Ltd. (NYSE: BABA) stock price crossed the $100 threshold for the first time today (Tuesday) after Chairman Jack Ma expressed interest in partnering with Apple Inc. (Nasdaq: AAPL) and its new Apple Pay service. At today's high, BABA is up 48% from its offer price of $68. The post Alibaba (NYSE: BABA) Stock Price Hits $100 on Apple Pay News – And That's Just the Start appeared first on Money Morning - Only the News You Can Profit From .