Chinese e-retailers like Alibaba (BABA) have had a rough time of things lately, mostly due to interference by the Chinese government. The threat of delisting from U.S. stock exchanges didn't help matters either. However, Alibaba shot up 9.2% in the premarket on Friday due to one big new win handed down from that same Chinese government. Those gains did not manage to hold going into the trading session, as the stock is currently up only 1%.
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Alibaba (NYSE:BABA)
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Alibaba (NYSE:BABA)
Historical Stock Chart
Von Aug 2021 bis Aug 2022 Click Here for more Alibaba Charts.