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Alibaba Group Holding Limited (BABA)

NYSE - NYSE Delayed Price. Currency in USD
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127.74-0.86 (-0.67%)
At close: 04:00PM EST
127.74 0.00 (0.00%)
After hours: 07:59PM EST
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Trade prices are not sourced from all markets
Previous close128.60
Open128.10
Bid127.55 x 1000
Ask127.59 x 1400
Day's range127.13 - 130.86
52-week range108.70 - 274.29
Volume14,596,858
Avg. volume23,147,445
Market cap349.526B
Beta (5Y monthly)0.89
PE ratio (TTM)17.93
EPS (TTM)7.13
Earnings date31 Jan 2022 - 04 Feb 2022
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est202.33
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    Why Alibaba Stock Dropped Today

    Shares of China's Alibaba Group Holding (NYSE: BABA) stock tumbled on Tuesday, down 2.8% as of 1:45 p.m. ET after Reuters reported that the U.S. government is investigating its cloud business "to determine whether it poses a risk to U.S. national security." Corollary concerns regarding the safety of intellectual property stored on Alibaba Cloud and about Beijing's ability "to disrupt access by U.S. users to their information stored on Alibaba cloud" were also mentioned. It's unclear precisely how big of a risk this investigation is to Alibaba.

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    Alibaba stock dips on news that U.S. is examining its cloud unit

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