BABA News Today, Nov 15: Alibaba Faces White House Allegations, Stock Impact

Today, Alibaba (BABA) is under intense scrutiny after a White House memo alleged the company’s involvement with the Chinese military. This claim has resulted in a significant impact on the Alibaba stock, with trading volumes soaring. The stock has seen a noticeable decline, reflecting the market’s reaction to these allegations. As of now, BABA’s trading volume has reached over 33.99 million, which is considerably higher than its daily average, showcasing heightened market activity and investor concern.