Why Is Alibaba Stock Down After Earnings?

By Neil Rozenbaum – May 15, 2024 at 5:00AM

NYSE: BABA

Alibaba Group

Market Cap

$177B

Today's Change

(-1.62%) -$1.29

Current Price

$78.34

Price as of May 31, 2024, 4:00 p.m. ET

Alibaba stock dropped 7% after reporting earnings.

In this video, I will talk about Alibaba (BABA -1.62%), review its recent earnings report, and explain whether or not it's a stock worth buying.

*Stock prices used were from the trading day of May 14, 2024. The video was published on May 14, 2024.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.