Why Alibaba Stock Was Slipping Today

Shares of the Chinese tech company fell after its earnings report came up short.Shares of Alibaba Group (BABA -6.02%) were pulling back today after the Chinese tech giant delivered another disappointing earnings report. Profits came in below expectations even while it delivered moderate revenue growth.As a result, the stock was down 6.7% as of 3:25 p.m. ET. Alibaba whiffs on earningsThe owner of Taobao and Tmall said revenue in the quarter jumped 7% to $30.7 billion, which topped estimates at $30.4 billion. ...