BABA Down 8% in a Month: Will Partnership With Apple Aid Recovery?

Key Takeaways BABA shares declined 8% in one month amid progress in Apple AI partnership integration. U.S. officials scrutinize the AI partnership amid broader China technology tensions. Alibaba trades at discounted valuation with forward P/E of 11.07X vs industry average 22.29X.Alibaba Group's (BABA) shares have lost 8.2% over the past month, underperforming the Zacks Internet-Commerce industry and the Zacks Retail-Wholesale sector, thus reflecting investor uncertainty despite progress in the company's A ...