Alibaba Trading At All-Time Low Ahead Of Earnings

By | May 5, 2015

Scalper1 News

Alibaba Group (BABA) stock touched an all-time low Tuesday, in line to fall for a fifth straight trading day ahead of its earnings before the open Thursday. Alibaba stock is down nearly 25% this year and competition and other factors weigh on China’s No. 1 e-commerce company. Shares were down 1.5% in afternoon trading on the stock market today, near 79.30. Earlier, Alibaba stock hit an all-time low of 77.77. Alibaba priced its largest-ever U.S. Scalper1 News

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