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Alibaba Stock Price Climbs After This Shareholder Letter Delivery (NYSE: BABA)

The Alibaba stock price has climbed 15.3% in October and is up another 2.9% today (Thursday) after the company released a letter to shareholders reassuring them of the company's growth prospects. Alibaba stock investors are worried about slowing revenue growth from the Chinese e-commerce firm, plus trouble with China's economy. Alibaba Group Holding Ltd. (NYSE: […] Today, Alibaba Chairman Jack Ma's letter addressed those bearish concerns. Tags: Alibaba jack ma , Alibaba shareholder letter , Alibaba Stock , Alibaba stock price , Alibaba stock price prediction , Alibaba stock price today , BABA stock , Baba stock price , Jack Ma , NYSE: BABA To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Alibaba Stock Price Climbs After This Shareholder Letter Delivery (NYSE: BABA) appeared first on Money Morning - We Make Investing Profitable .
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