Retail News

Alibaba’s share price slides in spite of stock buybacks

Reuters 12/27/2020

Alibaba’s stock price fell nine percent to its lowest price since early summer, as even a $10 billion buyback program could not stop concerns about a possible crackdown on the e-commerce titan by Chinese antitrust regulators.

 

 

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!