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.
Source Fool.com