BABA is trading at $147.71 (-3%) amid broader tech sector softness following mixed sentiment post-Nvidia earnings.
- The stock fell from yesterday's close of $152.28 despite a lack of major company-specific news on February 26, 2026.
- The decline aligns with a -0.13% dip in the NASDAQ, while other major indices remained nearly flat.
- Alibaba's strategic pivot toward cloud AI was reported earlier but had no direct linkage to today's price movement.