New Strong Sell Stocks for May 23rd

Core Viewpoint - Three stocks have been added to the Zacks Rank 5 (Strong Sell) List, indicating a negative outlook for these companies based on recent earnings estimate revisions [1] Company Summaries - Alibaba Group Holding Limited (BABA): This Chinese e-commerce giant has seen its current year earnings estimate revised downward by 8.1% over the last 60 days [1] - California BanCorp (CALB): The bank holding company for California Bank of Commerce has experienced a 5.7% downward revision in its current year earnings estimate over the past 60 days [1] - First Reliance Bancshares, Inc. (FSRL): The bank holding company for First Reliance Bank has had its current year earnings estimate revised downward by 8.7% in the last 60 days [1]