Why Is Alibaba Stock Down After Earnings?
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
€74.30
-0.400%
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 €.