Breaking Up Isn’t Hard to Do for Alibaba

Chinese e-commerce giant Alibaba (NYSE: BABA) delivered a reason for investors to cheer earlier this week, announcing it will split into six separate entities, which some are dubbing “baby babas.” Breakups of that nature are usually orchestrated to unlock shareholder value, and the immediate reaction to the plan indicates that investors are pleased with the [...] The post Breaking Up Isn’t Hard to Do for Alibaba appeared first on ETF Trends .