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Why Is Alibaba Stock Down After Earnings?

TheMotleyFool

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In this video, I will talk about (NYSE: BABA), review its recent earnings report, and talk about why the stock is down despite improved profitability and the announcement of an annual cash dividend.

*Stock prices used were from the trading day of Nov. 15, 2023. The video was published on Nov. 16, 2023.

Source Fool.com

Alibaba Group Holding Ltd ADR Stock

Alibaba Group Holding Ltd ADR shows a slight decrease today, losing -€0.300 (-0.400%) compared to yesterday.
The stock is one of the favorites of our community with 48 Buy predictions and 3 Sell predictions.
With a target price of 105 € there is a positive potential of 41.32% for Alibaba Group Holding Ltd ADR compared to the current price of 74.3 €.

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