Analyst Defends Alibaba (BABA) on Mid-Day Swoon
Tweet
Share
E-mailGet Alerts BABA Hot Sheet
Join SI Premium – FREE
Alibaba (NYSE: BABA) is attempting to stabilize with Citi coming out to defend the stock following earlier comments on mid-single digits GMV at the Citi conference. The analyst said the comments were taken out of context.
Shares of BABA are down 2% mid-day. Yahoo! (NASDAQ: YHOO) was also lower on the news.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ABM Industries (ABM) Misses Q2 EPS by 2c ; Offers Guidance
- Cooper Cos. (COO) Misses Q2 EPS by 2c ; Offers Guidance
- Meta Weighs Raising Tens Of Billions In Stock Offering - FT
Create E-mail Alert Related Categories
Guidance, Trader TalkRelated Entities
CitiSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
