Why did BABA plummet?

The stock price of BABA has experienced a decrease of 2.77% on July 2. Alibaba's stock performance over the recent two weeks has been volatile, with a significant drop on July 2, 2025. Several factors may have contributed to this decline: 1. **Strategic Changes**: Alibaba's recent strategic move to combine Ele.me and Fliggy into its core e-commerce business may have caused short-term market uncertainty. This kind of significant restructuring can lead to fluctuations in stock prices as the market adjusts to the new structure. 2. **Geopolitical Tensions**: The Chinese government's sanctions against former Philippine senator Francis Tolentino for his advocacy on the South China Sea issue could have created a negative sentiment towards Chinese companies, potentially affecting Alibaba's stock price. In conclusion, Alibaba's stock price decline is likely a result of a combination of strategic changes and geopolitical tensions. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |BABA|BABA.N|Alibaba Group|20250626|-0.5412|169| |BABA|BABA.N|Alibaba Group|20250627|0.1317|169| |BABA|BABA.N|Alibaba Group|20250630|-0.5873|169| |BABA|BABA.N|Alibaba Group|20250701|0.4938|169| |BABA|BABA.N|Alibaba Group|20250702|-2.7726594717908193|169|