The Motley Fool fool.com 05 Aug, 2022 21:15 am

Why Alibaba Fell Hard on Friday

Why Alibaba Fell Hard on Friday
A day after a better-than-feared earnings report gave it a boost, Alibaba retreated again amid broader caution over Chinese stocks.

Additionally, Chinese stocks tend to fare poorly when U.-listed Chinese stocks broadly, and Alibaba specifically.Leading Chinese stocks present a quandary for U.-listed shares gave back some of Thursday's gains.

Of course, these results weren't good overall, so investors may be thinking twice about Thursday's gains.Tech stocks broadly struggled Friday after the Labor Department released a July jobs report showing that the U.

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