Alibaba (BABA) Stock Drops Despite Market Gains: Important Facts to Note
BABA(BABA) ZACKS·2024-10-01 06:51
Alibaba (BABA) closed the latest trading day at $106.12, indicating a -1.13% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.38%.The online retailer's stock has climbed by 28.79% in the past month, exceeding the Retail-Wholesale sector's gain of 6.34% and the S&P 500's gain of 2.06%.The upcoming earnings release of Alibaba will be of great interest to investors. On that day, Alibaba is pro ...