Alibaba Shares Drop Despite Strong 2Q - News Summed Up

Alibaba Shares Drop Despite Strong 2Q


By Dean SealShares of Alibaba Group fell after the company swung to a profit and recorded higher revenue for its fiscal second quarter. The stock was down 8.2% at $79.94 in premarket trading. Shares are about flat with where they had started the year.


Source: Wall Street Journal November 16, 2023 21:59 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */