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Why Alibaba Stock Slipped to Start the New Year
BABABABA(BABA) The Motley Fool·2024-01-02 17:51

Alibaba (BABA -3.55%) investors have had to endure a lot over the last few years. After founder Jack Ma made insulting comments about Chinese finance ministers, the tech giant bore the brunt of Beijing's crackdown on the tech sector, which led to a multibillion-dollar fine for Alibaba and a number of divestments to assuage Beijing's fears of tech monopolies taking over.Heading into 2024, some investors were hopeful that a turnaround could be afoot, but Alibaba shares were moving in the opposite direction to ...