BABA is trading at $139.47 (-3.22%) in early session on March 2, 2026, as shares decline alongside major indices following hotter PPI data and rising geopolitical tensions.
- The stock is extending its downtrend from the February 27 close of $144.11, pressured by an oil surge and technical sell signals.
- Investors are bracing for Q3 FY2026 earnings (potentially due today), with consensus EPS projected to drop 35% YoY amid heavy spending on AI initiatives.