Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Is Alibaba Stock Down After Earnings?

TheMotleyFool

0 0

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

We can see a decrease in the price for Alibaba Group Holding Ltd ADR. Compared to yesterday it has lost -€0.800 (-1.150%).
With 58 Buy predictions and 2 Sell predictions Alibaba Group Holding Ltd ADR is one of the favorites of our community.
As a result the target price of 98 € shows a positive potential of 42.44% compared to the current price of 68.8 € for Alibaba Group Holding Ltd ADR.

Like: 0

BABA

Share