Alibaba (BABA) Increases Yet Falls Behind Market: What Investors Need to Know

Alibaba (BABA) closed the latest trading day at $102.17, indicating a +0.32% change from the previous session's end. This change lagged the S&P 500's 0.47% gain on the day. Meanwhile, the Dow experienced a rise of 0.79%, and the technology-dominated Nasdaq saw an increase of 0.28%. Coming into today, shares of the online retailer had gained 20.24% in the past month. In that same time, the Retail-Wholesale sector gained 3.09%, while the S&P 500 gained 3.48%. The investment community will be closely monitorin ...