Latest News

Alibaba stock slide continues: Analyst sees ‘few near-term positive catalysts’ but upcoming event could reset expectations


U.S.-listed shares of Alibaba Group Holding Ltd. continued their decline Friday as analysts continued to weigh in on the company’s disappointing earnings report and its slashed forecast driven by macroeconomic pressures in China as well as competitive dynamics in the market.

Alibaba’s American depositary receipts BABA are off 2.1% in Friday afternoon trading, after falling 11.1% in Thursday’s session to post their worst single-day selloff in roughly 11 months.


Stocks may be entering an optimal period in the Thanksgiving holiday week

Previous article

The simple explanation for rising US gas prices

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News