Why Is Alibaba Stock Down After Earnings?
In this video, I will talk about Alibaba (NYSE: BABA), review its recent earnings report, and talk about why the stock is down despite the company increasing its share repurchase program by $25 billion, bringing the total to $35 billion. This means the company could retire around 18% of its shares in the next three years.
*Stock prices used were from the trading day of Feb. 6, 2024. The video was published on Feb. 7, 2024.
Source Fool.com
Alibaba Group Holding Ltd ADR Aktie
110,20 €
-1,08 %
Einzigartige Zustimmung für Alibaba Group Holding Ltd ADR mit ausschließlich Buy-Einschätzungen.
Eine erhebliche Steigerung um mehr als 20% ist für Alibaba Group Holding Ltd ADR mit einem Kursziel von 164 € im Vergleich zum aktuellen Kurs von 110.2 € zu erwarten.
