Sinks on $3.2B Convertible Notes Offering

tipranks.com/news/alibaba-stock-baba-sinks-on-3-2b-convertible-notes-offering

sank over 2% on Wednesday after the e-commerce giant announced that it plans to raise $3.2 billion through convertible notes that will mature in 2032. Despite this drop, BABA stock is still up nearly 73% in 2025. The notes will be sold to non-U.S. investors in offshore deals and will be…

This story appeared on tipranks.com, 2025-09-11 17:29:07.568000.
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