Here's Why Alibaba (BABA) Gained But Lagged the Market Today

In the latest trading session, Alibaba (BABA) closed at $78.38, marking a +0.47% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.64%. On the other hand, the Dow registered a gain of 1.85%, and the technology-centric Nasdaq increased by 0.2%. Heading into today, shares of the online retailer had gained 4.64% over the past month, outpacing the RetailWholesale sector's gain of 2.58% and the S&P 500's gain of 3.82% in that time. Investors will be eagerly watching for t ...