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Why Alibaba Stock Was Falling Today


Shares of Alibaba (NYSE: BABA) were sliding today as the Chinese tech giant posted its slowest growth in its publicly traded history. The company is struggling with a number of new regulations from the Chinese government.

Alibaba stock was down 3.2% as of 10:57 a.m. ET after trading as low as 8.8% earlier in the session.

Image source: Alibaba.

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Source Fool.com

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