📰 Alibaba (BABA) Stock Falls as Treasury Yields Hit Tech, Insider Sells $12 Million
Source : Coin Central
description: TLDR Alibaba shares opened at $107.40 Friday after dropping roughly 2% as Hong Kong’s Hang Seng Index fell 2.6%. The Hang Seng posted its worst single day in more than six months. A surge in the 10-year U.S. Treasury yield to above 5.3%, a 24-year high, triggered the selloff. Alibaba insider Fang Jiang sold 885,272 [...] The post Alibaba (BABA) Stock Falls as Treasury Yields Hit Tech, Insider Sells $12 Million appeared first on CoinCentral .
Time : 2026-10-02 12:14:54
Credit : trader edge
Link : https://coincentral.com/alibaba-baba-stock-falls-as-treasury-yields-hit-tech-insider-sells-12-million/
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