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Alibaba Earnings Topped Estimates. Why the Stock Is Falling.

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Alibaba Earnings Topped Estimates. Why the Stock Is Falling. | Barron’s


Alibaba

stock dropped on Thursday after the e-commerce giant missed analysts’ expectations for revenue growth, puncturing recent enthusiasm for Chinese stocks.


Alibaba

(ticker: BABA) said its sales for the third quarter rose 3% to $29.12 billion. Analysts had expected sales of $29.44 billion, according to FactSet. 

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