What's Happening With Alibaba Stock?

Visitors are visiting the Alibaba exhibition area at the WAIC World Artificial Intelligence ... [+] Conference in Shanghai, China, on July 4, 2024. (Photo by Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesChinese e-commerce and cloud behemoth Alibaba stock has been a weak performer this year, rising by just about 1% since early January. In comparison, its U.S.-based peer Amazon has gained a solid 27% over the same period. The company has been weighed down by multiple factors, including a slowin ...