Alibaba Group Holding Limited

BABA stock news

Alibaba Group (NYSE: BABA) Stock Slides Following Sudden Departure of Daniel Zhang from Cloud Unit

Shares of Alibaba Group Holding Limited (NYSE: BABA) plunged -2.29% in the early trading hours Monday following the abrupt resignation of CEO Daniel Zhang as head of the China-based tech giant’s cloud computing division. The move comes as part of

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Alibaba Group Holding Limited (NYSE BABA) Shares Plunge Amid Fears of Massive COVID Wave in China

Alibaba Group Holding Limited (NYSE: BABA) Shares Plunge Amid Fears of Massive COVID Wave in China

On Thursday, the shares of Alibaba Group Holding Limited (NYSE: BABA) experienced a significant decline of 2.99%, closing at $78.78. The sudden drop is believed to be driven by mounting concerns over a potential resurgence of COVID-19 in China. Reports

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