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Why Alibaba Stock Was Slipping Today

TheMotleyFool

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Why Alibaba Stock Was Slipping Today: https://g.foolcdn.com/editorial/images/777354/alibaba-photo.jpg

Shares of Alibaba Group (NYSE: BABA) were pulling back today after the Chinese tech giant delivered another disappointing earnings report. Profits came in below expectations even while it delivered moderate revenue growth.

As a result, the stock was down 6.7% as of 3:25 p.m. ET.

Image source: Alibaba.

Source Fool.com

Alibaba Group Holding Ltd ADR Stock

Alibaba Group Holding Ltd ADR gained 1.110% today.
The stock is one of the favorites of our community with 42 Buy predictions and 2 Sell predictions.
With a target price of 109 € there is a positive potential of 49.52% for Alibaba Group Holding Ltd ADR compared to the current price of 72.9 €.

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