Scalper1 News
Alibaba Group and other Chinese tech stocks continued to fall on Tuesday, one day after a sell-off reflecting unease about the country’s economic slowdown. Alibaba Group (BABA), the China e-commerce titan that raised $25 billion during the largest-ever U.S. IPO on Friday, sank for a second day. Alibaba stock was down more than 2% in afternoon trading on Tuesday, near 88. On Monday, Alibaba fell 4% to close at 89.89. Alibaba stock, priced at 68 Scalper1 News
Scalper1 News