Alibaba is down in the dumps again. While tech stocks at large staged a turnaround Thursday—with the Nasdaq index ending 3.3% higher after opening almost as much in the red—the Chinese internet giant was left behind.
Shares in Alibaba (ticker: BABA) fell 0.7% in volatile Thursday trading that saw the stock drop almost 7% at points; the shares were 0.5% higher in U.S. premarket trading Friday.
Investors…
Source: https://www.barrons.com/articles/alibaba-stock-is-in-the-dumps-here-are-2-requirements-for-a-turnaround-51645797089?siteid=yhoof2&yptr=yahoo