Why did BABA fall -5.16% today?
- 1No clear news
There is no news about Alibaba today, so no clear cause for the drop is shown.
- 2Fell more than sector and market
Its retail sector averaged -0.20%, while the S&P 500, Nasdaq and Dow all rose.
- 3Downtrend has continued
The stock has fallen four sessions in a row, down -10.9% over one week and -13.4% over one month. Its $96.28 close is near its 52-week low of $94.81 and about 6.6% below its 20-day average.
Today in numbers
- It did 5.0 points worse than its sector (−0.2%).
- It fell 4 days in a row.
- It moved −13.4% over the past month.
By investing style
Indicators investors with this style usually check
- Volume vs 20-day avg0.0x
- vs 20-day average−6.6%
- Above 52-week low+1.6%
These are explanations of indicators, not buy or sell recommendations. Investment decisions are your own.
Key metrics
What does the company do?
Alibaba Group Holding is a large Chinese e-commerce and cloud company. It operates online shopping platforms such as Taobao and Tmall, and Alibaba Cloud. This ADR is a certificate traded in the US that represents multiple ordinary shares.