Alibaba shares fell 3.45% in premarket trading

Tiger Newspress2021-12-22

Alibaba shares fell 3.45% in premarket trading.Chinese regulators have suspended an information-sharing partnership with Alibaba Cloud Computing, a subsidiary of e-commerce conglomerate Alibaba Group, over accusations it failed to promptly report and address a cybersecurity vulnerability, according to state-backed media reports.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Monster_INO
    2021-12-30
    Monster_INO
    Tell me your opinion about this news...
  • Beli
    2021-12-27
    Beli
    Totally numb. How long more to wait before BABA recovers?
  • SPOT_ON
    2021-12-23
    SPOT_ON
    DARK CLOUDS AGAIN
  • MBE
    2021-12-23
    MBE
    Negative news again! No sign of recovery. 😔
  • MBE
    2021-12-23
    MBE
    Negative news again! Sigh 😔 
  • SGboy
    2021-12-23
    SGboy
    In the downtren
Leave a comment
73