What's Going on With Alibaba Stock?

By Parkev Tatevosian, CFA – May 28, 2023 at 11:08AM

NYSE: BABA

Alibaba Group

Market Cap

$182B

Today's Change

(0.64%) $0.48

Current Price

$75.11

Price as of April 25, 2024, 4:00 p.m. ET

Alibaba is sometimes called the Amazon of China because the two companies have similar business models.

Alibaba's (BABA 0.64%) inexpensive valuation has many investors kicking the tires. Fool.com contributor and finance professor Parkev Tatevosian discusses what's going on with Alibaba stock.

*Stock prices used were the afternoon prices of May 25, 2023. The video was published on May 27, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.