Why Alibaba Stock Was Slipping Today
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.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
€69.30
-0.430%
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As a result the target price of 109 € shows a very positive potential of 57.29% compared to the current price of 69.3 € for Alibaba Group Holding Ltd ADR.
