Technology

Alibaba Stock Slides Again as Growth Prospects Ebb

Alibaba Stock Slides Again as Growth Prospects Ebb

A disappointing growth forecast from Alibaba Group Holding Ltd. helped push down the internet giant’s shares again while those of rival JD.com Inc. shares jumped, reflecting the two Chinese e-commerce companies’ diverging fortunes. When they reported quarterly results Thursday—shortly after China’s annual Singles Day shopping festival, which ran through Nov. 11.

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