Home/ Crypto News/ Alibaba (BABA) Stock Plunges 8% Following Massive $10.21 Billion Share Sale in Hong Kong
blockonomi Aug 24, 2026

Alibaba (BABA) Stock Plunges 8% Following Massive $10.21 Billion Share Sale in Hong Kong

Stocks

Alibaba (BABA) stock dropped 8% after announcing a $10.21 billion share placement. Michael Burry says he needs a 50% drop to buy back in. Details inside.

The post Alibaba (BABA) Stock Plunges 8% Following Massive $10.21 Billion Share Sale in Hong Kong appeared first on Blockonomi.

Source: Source: Blockonomi

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