Alibaba Group Holding Ltd (NYSE:BABA) stock slipped about 3% in Hong Kong after the Securities and Exchange Commission added the e-commerce giant’s U.S.-listed stock to its delisting watchlist. The shares trading on the New York Stock Exchange tumbled 11% on Friday following the announcement, although they were roughly flat in pre-market trading on Monday. Alibaba Added To List […]
The post ALIBABA RESPONDS TO ITS ADDITION TO SEC’S LIST OF COMPANIES FACING DELISTING THREAT appeared first on ReadWrite.
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