Alibaba (BABA) Shares Plunge Following Jim Chanos’ Short Call

Alibaba Group Holding (BABA) shares are down around 4% today, trading at $82 and change after CNBC reported that short-selling specialist Jim Chanos pitched the Chinese e-commerce giant as a possible short at a conference Friday, citing accounting concerns. Chanos also pitched JD.com (JD) long as a hedge. Yahoo Inc. (YHOO), which owns 384 million shares […] View the full post at: Alibaba (BABA) Shares Plunge Following Jim Chanos’ Short Call Related posts: Alibaba Ready To Buy Back Yahoo Stake Hedge Funder Chanos Sees ‘Perp Walks’ in Lehman Collapse Chinese Shares Plunge to 3-Month Low…Preview for U.S. Stocks?