Why Alibaba Stock Was Sliding Again Today
Shares of Alibaba Group Holding (NYSE: BABA) were getting roughed up again today as the Chinese e-commerce giant continued to face pressure from government regulators and a series of events fueled speculation that Beijing was preparing for another round of crackdowns.
As of 1:24 p.m. ET, the stock was down 5.3%.
Image source: Alibaba Group Holding.
Source Fool.com