Fool.com contributor Parkev Tatevosian discusses what the latest news on Alibaba's (BABA +1.48%) share buybacks means for investors.
*Stock prices used were the afternoon prices of April 29, 2024. The video was published on May 1, 2024.
Massive News for Alibaba Stock Investors
By Parkev Tatevosian, CFA – May 2, 2024 at 5:00AM EST
NYSE: BABA
Alibaba Group
Market Cap
$342B
Today's Change
(1.48%) $2.22
Current Price
$152.28
Price as of December 26, 2025 at 3:58 PM ET
Management is taking action, signaling it believes its shares are significantly undervalued.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
Alibaba Group
NYSE: BABA
$152.28 (+0.01%) $+2.22
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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