Alibaba Stock Slides to 52-week Low Amid Legal Fight with Pentagon, Consumer Spending Concerns

U.S.-listed Alibaba Group (BABA) stock fell in early Wednesday trading toward a new 52-week low as the Chinese e-commerce and cloud-computing giant engaged in a legal fight with the Pentagon. Shares of Alibaba have fallen six consecutive sessions and are down near 30% year

U.S.-listed Alibaba Group (BABA) stock fell in early Wednesday trading toward a new 52-week low as the Chinese e-commerce and cloud-computing giant engaged in a legal fight with the Pentagon.

Shares of Alibaba have fallen six consecutive sessions and are down near 30% year-to-date

On the stock market today, Alibaba stock shed more than 1% to 100.80 premarket. Wednesday’s trading… Related news Alibaba, U.S.-Listed Chinese Stocks Fall On Cross-Border Crackdown; Futu Crashes 5/22/2026 Buy orders routed from mainland China through Futu and Tiger just got blocked. 5/22/2026 Buy orders routed from mainland China through Futu and Tiger

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