Alibaba Plays Leadership Musical Chairs, Leading to 5% Drop: 3 Other Issues We See With This Stock

By |2023-06-20T20:44:29+00:00June 20th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , |

This morning Alibaba (BABA) announced that they are playing musical chairs with the leadership group, as existing members within the company are swapping roles. All of this comes as the company works towards its restructuring goal of splitting the businesses into 6 distinct groups. Long-standing CEO and chairman Daniel Zhang is going to transition [...]