Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Alibaba Stock Was Slipping Today

TheMotleyFool 
0 0 14.05.24
Why Alibaba Stock Was Slipping TodayPhoto, wide shot, wide-angle lens, soft focus, IT consulting firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-uhXP0RHYYxDepjmHeSp1K8bF.png?st=2023-05-07T15%3A26%3A44Z&se=2023-05-07T17%3A26%3A44Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-07T16%3A18%3A55Z&ske=2023-05-08T16%3A18%3A55Z&sks=b&skv=2021-08-06&sig=4pcJOd8aEI1799liUV13F4ElqO7e4RZy8sa1PEeeNZA%3D
 

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.

Continue reading


Source Fool.com

Alibaba Group Holding Ltd ADR Stock

€106.20
5.150%
Alibaba Group Holding Ltd ADR dominated the market today, gaining €5.20 (5.150%).
With 47 Buy predictions and not a single Sell prediction Alibaba Group Holding Ltd ADR is an absolute favorite of our community.
As a result the target price of 164 € shows a very positive potential of 54.43% compared to the current price of 106.2 € for Alibaba Group Holding Ltd ADR.
Show more
Like: 0
BABA
Share

Comments

Not a member yet? Sign up for free!